Mississippi Ranked No. 9 as Best State for Doing Business
Jackson – Mississippi was ranked as a top state to do business by a corporate site selection magazine.
Area Development Magazine based in Westbury, N.Y., selected Mississippi as the ninth-best state for doing business.
“Mississippi has always had the potential to be an economic competitor, and with the tremendous progress made in recent years, we are well on our way,” Lt. Governor Phil Bryant said. “Making Mississippi the most job-friendly state in America is not only a vision but becoming a reality.”
Mississippi was ranked nationally in the top ten states along with Texas, Georgia, Alabama, South Carolina, Indiana, Louisiana, North Carolina, Tennessee and California.
Among other rankings, the Area Development Magazine placed Mississippi in the top five for corporate tax environment and incentive programs, for overall cost of doing business and for business friendliness. Mississippi was ranked No. 1 for labor costs and tied third for its overall labor climate.
The magazine cites the state’s commitment to a skilled, mostly non-unionized, and plentiful work force as some of the basis of the rankings.
Results of the survey come three months after the Fraser Institute ranked Mississippi the world’s most attractive spot for oil and gas investment.
The Area Development Magazine survey included comments from site selection consultants who then ranked states based on certain categories of business environment, labor climate, infrastructure, and economy.
Lt. Gov Phil Bryant Press Release