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Indiana Tops Midwest in CEO Business Survey

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May 11, 2011 by   Leave a Comment

Indiana was ranked as the best place to do business in the Midwest and the sixth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine.

The magazine’s seventh annual “Best & Worst States” survey asks CEO’s to evaluate states based on business tax policies, regulation, workforce quality and livability factors. Indiana’s 2011 ranking is up from 16th place in 2010. It’s among the highest year-to-year improvements in the survey.

“This ranking is a validation that business leaders recognize the work that Gov. Daniels and the General Assembly are doing to make Indiana the best possible place to do business,” said Mitch Roob, secretary of commerce and CEO of the Indiana Economic Development Corporation. “It seems fitting to celebrate this recognition on the same day that Amazon.com announced it will create hundreds of Indiana jobs by opening another fulfillment center here.”

Indiana’s 6th place ranking makes it the only Midwestern state in the publication’s top 10. Among neighboring states, Kentucky ranked 17th, Ohio ranked 41st, Michigan ranked 46th and Illinois ranked 48th.

The Chief Executive magazine rankings come less than a week after the state announced that it was the recipient of a 2011 Gold Shovel Award from Area Development magazine. The publication’s top honor for economic development efforts, the Gold Shovel was awarded based on the state’s 2010 performance in categories including total job creation, job creation per-capita, new capital investment and number of new facilities.

Chief Executive magazine is a bi-monthly publication for top management executives, headquartered in Greenwich, Conn. The “Best & Worst States,” survey results are available at: http://chiefexecutive.net/best-worst-states-for-business

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