1. Business

CEOs rank Florida as second-best state to do business in

Published May 3, 2012

America's corporate chieftains still consider Texas the best place to do business, but Florida is close on its heels.

The Sunshine State rose a notch, overtaking North Carolina, to rank as second most attractive business market in the country, according to Chief Executive magazine's annual Best & Worst States Survey.

For the report released Wednesday, 650 CEOs from across the country evaluated the states on a broad range of issues, including regulations, tax policies, workforce quality, educational resources, quality of living and infrastructure.

They praised top-ranked Texas for its efforts to welcome companies and entrepreneurs, particularly in the high-tech arena.

The magazine attributed Florida's rise in the ranks to CEO excitement generated by "new tax relief — and boosterish Gov. Scott." Rick Scott, who became governor in January, has often cited Texas Gov. Rick Perry as a tax-cutting role model and joked about outdueling Perry as a pro-business state leader.

California was again ranked the worst state in the eyes of business execs, followed by New York and Illinois.

For a complete list of rankings, go to


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