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Utah #1 “Pollina Corporate Top 10 Pro-Business States”August 10 2013 - 1:06 pm
One state stands above all others. Brent Pollina, Vice President of Park Ridge, Illinois-based Pollina Corporate Real Estate and co-author of the 2013 study, says Utah is “America’s most pro-business state for the second consecutive year and again making it the brightest star on the American Flag. Utah is a symbol of economic growth and prosperity that other states should emulate. It has certainly been on an express train ride rising in 2005 from a rank of #23 to #2 in 2009, maintaining that position through 2011, and then pushing Virginia aside to take the #1 position in 2012 and again in 2013.”
The Pollina Corporate Top 10 Pro-Business States study is based on 32 factors that our clients indicate are most important and more than 30 years of experience as site selectors. We weigh all factors based on the requirements of our corporate clients and our three decades of site selection experience.
Our ranking takes a comprehensive two-stage approach. Stage I, Labor, Taxes and Other Factors, is based on 19 factors, including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, worker compensation legislation, and jobs lost or gained. Stage II, Incentives and State Economic Development Agency Factors evaluation, examined 13 additional state government-controlled factors, including state financial incentive programs and state economic development department evaluations.