Monday, May 16, 2011

CEOs Rate NM Not the Worst

New Mexico ranked 32nd for business in the newly released 2011 survey of chief executive officers by Chief Executive magazine. We dropped three places from 2010. See http://chiefexecutive.net/category/best-worst-states-for-business.
A number of stories on the site analyze the results.
The top five states are Texas, North Carolina, Florida, Tennessee and George. The bottom five are those you would expect: Michigan, New Jersey, New York, Illinois and California.
The site selection leaders are Utah, Arizona, Florida, Tennessee, Texas and Oklahoma, the magazine said. Note that four of those states border New Mexico.
For the complete list of location factors counting the most, see http://chiefexecutive.net/the-state-of-the-states.
The leading location factors are state income and corporate tax rates, perceived attitude toward business, cooperative employee-management relationship (that must mean unions), employee work ethic, crime rate, and quality of public education.

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