November 20, 2008

Site Selection: Tennessee ranks near top for biz climate
Nashville Business Journal

Tennessee has been ranked the second-best place in the country to do business by Site Selection magazine.
The economic development publication’s rankings appear in the magazine’s November issue. The ranking is Tennessee’s highest ever. Last year the Volunteer State was ranked sixth.
North Carolina topped the list at No. 1 and Alabama and Texas tied for third. Indiana ranked fifth.
The annual business climate rankings are determined 50 percent by the state’s economic performance in Conway Data’s New Plant Database, which tracks new and expanded business facility activity. The other half of the rankings are determined from surveys of corporate site selectors nationwide.

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