Tennessee ranked No. 2 in Top States for Doing Business
It would be easy to look at current economic statistics and conclude that we may as well remove words such as “business growth” and “expansion” from our collective vocabularies for the time being. On a macro level, the economy is anything but healthy, thanks to the coronavirus. And yet there are plenty of individual businesses that continue to expand or relocate to desirable places.
The question of which states are the best for doing business is as valid a question as ever. Our roster of location experts knows the answers, from years of experience helping to guide site decisions and negotiate favorable deals. As we do each year, Area Development surveyed them about the specific location considerations that matter most in corporate decision-making, and which states stand out in each of those categories.
What we learned is that, even amid the earth-shattering change the current pandemic has wrought, there are important things that have not changed. States across the South continue to have their ducks in a row when it comes to making themselves attractive to businesses. They remain well-prepared for creating positive business headlines — they’re doing so now and will continue to do so as the economy regains its liveliness.