2020 Top States Commentary: Lower Business Costs, Decreasing Regulations
What will be remembered about the year 2020? Certainly, the COVID-19 pandemic has created dynamic shifts in how companies are doing business and thinking about the future. In addition, there is heightened awareness of the critical need to re-shore medical supplies and pharmaceuticals, and a focus on the creation of new businesses helping to combat the virus.
What should also be focused on is where in the U.S. does it make strategic business sense to locate to and expand within as time moves forward. Companies are keenly focused on reviewing business fundamentals that will allow them to weather the economic impact of the pandemic and chart a path forward, which makes this year’s ranking of the Top States for Doing Business particularly valuable.
Read the rest of the article by Leslie Wagner in Area Development with highlights covering:
- Out of the 12 Southeast states, nine rank in the overall top 20 states for doing business
Utah as a newcomer to the top 20 list
States whose ranking increased most notably since the 2019 list
Access the full story in Area Development here: https://www.areadevelopment.com/Top-States-for-Doing-Business/Q3-2020/commentary-leslie-wagner-lower-business-costs-decreasing-reg.shtml