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  1. Business

Chief Executive magazine survey of best business states again names Florida No. 2, but raises concerns

For the fifth straight year Florida was ranked as the No. 2 state for business in Chief Executive magazine's 13th annual "Best & Worst States for Business" survey. The state consistently ranks among the leaders since the survey's inception — in part, the magazine states, because CEOs find it one of the top living environments. The rankings appear in the magazine's May/June issue and reflect CEO perceptions of best and worst states based on a range of key measures.

Florida trailed only Texas, which has held a grip on the top ranking every year the survey has been conducted. But not all of the survey feedback on Florida was good. "CEOs ranked its workforce quality a relatively low No. 18," the magazine states. "And the state's economic development efforts are in question due to infighting between Republican Gov. Rick Scott and the Republican-controlled legislature." Florida's new legislative budget, which still faces the governor's review, would sharply cut the use of state funds to recruit businesses and market the state's tourism industry.

North Carolina, South Carolina and Indiana round out the survey's top five. California again was named the worst state for business followed by New York and Illinois, all three being high tax states. Ohio rose sharply in the survey to No. 11 from No. 22, while Louisiana fell to No. 33 from No. 7 in the prior year's survey.