How States Stack Up for Business in 2025

Every year, a comprehensive study ranks all 50 U.S. states on their business friendliness. This year, the focus is on 10 key areas, with a total of 135 metrics. The economy takes the top spot in importance, reflecting what states highlight when trying to attract businesses.

New Insights for 2023

New this year, the study looks at risks from trade wars and federal budget cuts. It also digs deeper into infrastructure, like power and data needs. Experts and states helped shape the criteria. The study isn't just opinions; it's based on hard data from various sources.

Scoring and Rankings

States can score up to 2,500 points. The highest scorers are named the top states for business. This study, now in its 19th year, aims to show what matters most to companies when they choose where to set up shop.

Beyond the Numbers

The study isn't just about numbers. It's about understanding what makes a state attractive for business. From taxes to workforce, infrastructure to technology, it covers a lot of ground. The goal is to give a clear picture of where each state stands.

Expanded Criteria

This year's rankings consider more than just the usual factors. With trade tensions and budget concerns, the study now looks at how these issues might affect states. It's a more complete view of the business landscape.

Practical Applications

In the end, the rankings are a tool for businesses and states alike. Companies can use them to make informed decisions. States can see where they stand and what they can improve. It's all about fostering a better business environment.