Georgia: ‘Top State for Doing Business’ for 8th Consecutive Year

Georgia has been recognized as the nation’s best state in which to do business for the eighth year in a row by Area Development Magazine. The executive publication’s annual poll of approximately 50 leading site consulting firms from across the U.S. considers 13 different factors to make this determination. In addition to Top State, Georgia earned a No. 1 ranking in five categories, including overall cost of doing business, cooperative and responsive state government, competitive labor environment, workforce development programs, and available real estate. The top 10 states overall are:

  1. GEORGIA
  2. TEXAS
  3. TENNESSEE
  4. SOUTH CAROLINA
  5. NORTH CAROLINA
  6. ALABAMA
  7. INDIANA
  8. VIRGINIA
  9. OHIO
  10. FLORIDA

Area Development Magazine’s 2021 Top States for Doing Business results come from scores in the following categories: Overall cost of doing business, cooperative and responsive state government, favorable regulatory environment, corporate tax environment, business incentives, competitive labor environment, workforce development programs, logistics and infrastructure, access to capital and project funding, available real estate, energy availability and costs, speed of permitting, and site-readiness programs. Georgia placed in the top 10 for all 13 categories. See the full rankings at areadevelopment.com. Founded in 1965, Area Development magazine is considered the leading executive magazine covering corporate site selection and relocation.

Georgia’s place at the top of the rankings exposes many of the claims of insurance industry lobbyists who have, for years, argued that unless drastic changes were curtailed and access to courts limited, Georgia would be a bad place to work or own a business. In fact, Georgia businesses thrive here while the courts remain open to help resolve disputes, as intended by our constitution. The feared ‘lawsuit crisis’ has not come to Georgia.