South Dakota Ranked in the Top 15 for Best States For Business
CNBC released their report ranking the 50 states in every category from doing business, to economy, to education, cost of living, technology and beyond for 2014.
Good news South Dakota, we came in at #11 overall and at #2 with business friendliness. Bad news, we came in last in Technology and Innovation. They say:
The Mount Rushmore State offers monumentally-friendly business regulations, but costs have risen along with the state’s profile. The state ranks at the bottom for innovation.
Category | Score | 2014 Rank | 2013 Rank |
---|---|---|---|
Cost of Doing Business | 336 | 6 | 1 |
Workforce | 204 | 6 (Tie) | 11 |
Quality of Life | 217 | 10 | 7 |
Infrastructure & Transportation | 180 | 31 (Tie) | 19 |
Economy | 241 | 20 | 6 |
Education | 69 | 30 (Tie) | 30 |
Technology & Innovation | 35 | 50 | 48 |
Business Friendliness | 177 | 2 | 2 |
Cost of Living | 35 | 16 | 26 |
Access to Capital | 13 | 26 | 39 |
Overall | 1507 | 11 | 1 |