Georgia Named "Top State for Business" for 6th Straight Year

Staff Report From Georgia CEO

Wednesday, September 11th, 2019

Governor Brian P. Kemp announced that Georgia has been named the “Top State for Business” by Area Development, a leading publication covering corporate site selection and relocation, for the sixth year in a row. The results are determined by the publication’s poll of site consultants.

“I am exceptionally proud that Georgia has once again been named the Top State for Business by Area Development,” said Governor Kemp. “This announcement serves as a powerful testament to what we all know to be true: Georgia is the best place to live, work, and raise a family. Our efforts to cut red tape and ensure our business environment leads the nation continue to lure world-class companies to the Peach State from every corner of the map.

“Our world-class workforce is a direct result of our top-ranking colleges and universities, and Georgia Quick Start, the best workforce development program in the nation. The state’s innovative and comprehensive logistics network makes Georgia a gateway to the global economy by land, air, and sea.

“In the coming years, my administration is committed to building our state’s economic development toolbox so that we continue to attract leading companies in manufacturing, FinTech, information technology, and other industries ready to invest in a state that values their business and positive impact on local communities.”

Area Development’s 2019 Top States for Doing Business results reflect the rankings that states receive based on weighted scores in the following twelve categories: overall cost of doing business, corporate tax environment, business incentives programs, access to capital and project funding, competitive labor environment, shovel-ready sites program, cooperative and responsive state government, favorable general regulatory environment, speed of permitting, favorable utility rates, leading workforce development programs, and most improved economic development policies.

“The 10th Annual Best States for Doing Business rankings are drawn from our editor’s poll of leading site location, supply chain, 3PL, real estate, and corporate business consultants maintained in our proprietary consultant database,” said Area Development publisher and president, Dennis J. Shea. “We poll those consultants who are actively responsible for guiding scores of corporate site location project decisions, billions of dollars in capex, millions of square feet in new construction, and most importantly, creating thousands of new jobs across all fifty states. For the sixth consecutive year, Georgia ranked No. 1 overall in Area Development’s highly regarded annual Best States for Doing Business poll, including top rankings in four of the twelve critical categories measured.”

Along with the Top State ranking, Georgia was ranked No. 1 in cooperative and responsive state government, leading workforce development programs, competitive labor environment, and speed of permitting.

“We are honored to receive the title of Top State for Business for the sixth year in a row,” said Georgia Department of Economic Development Commissioner Pat Wilson. “Each day, our team is out on the front lines working with companies to spread the good news of Georgia’s top-ranked business climate, and because of Gov. Kemp’s strong leadership, they certainly have a lot to talk about. Whether it is our logistics infrastructure, workforce, or pro-business climate, there are so many factors that play into an honor like this one, and none of it would be possible without the tremendous support we have from our economic development partners in every community throughout Georgia.”