The Gist: Georgia celebrated a remarkable milestone as the state secured its 10th consecutive year as the top state for business, according to Area Development magazine. This achievement is unparalleled, with no other state in the nation achieving this feat.
The Details: The rankings for Area Development’s 2023 Top States for Doing Business were determined through scores provided by approximately 50 leading site consulting firms from across the United States in 14 categories.
Georgia excelled in all 14 categories, claiming the No. 1 spot in seven classifications and securing the overall top rank. This year marks the 14th edition of the annual survey.
By The Numbers:
- Georgia has been named the No. 1 state for business for the past 10 years.
- The Top States for Doing Business Survey evaluates states based on scores from 50 leading site consulting firms.
- Georgia placed in the top 10 for all 14 categories and claimed the No. 1 spot in 7 categories.
- Georgia’s workforce development program, Georgia Quick Start, earned the No. 1 ranking for the 14th consecutive year.
- The state’s competitive labor market also secured a No. 1 ranking.
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From The Governor: “For 10 straight years, the people who help businesses choose where to make long-term investments have repeatedly said Georgia is the best state in the nation for opportunity,” Georgia Governor Brian Kemp said.
Why It Matters: Georgia’s unparalleled 10-year streak as the No. 1 state for business showcases its business-friendly environment and commitment to cultivating opportunities for economic prosperity. The recognition underscores the state’s success in attracting record-breaking jobs and investments, benefiting both urban and rural areas.