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Public Notices

April 19, 2014

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Tennessee Ranks 13th Among States In CNBC Report

Sun photo by O.J. Early

Business bustles on Tusculum Boulevard in Greeneville. Tennessee ranked No. 13 in the CNBC America’s Top States for Business 2013 report.

Originally published: 2013-07-25 11:24:47
Last modified: 2013-07-25 11:27:14
 


BY O.J. EARLY

STAFF WRITER

Tennessee is apparently a good place to do business.

At least that's according to CNBC's America's Top States for Business 2013 report, issued earlier this month.

The annual report measures business competitiveness using a variety of criteria, such as a state's business-friendliness, economy and infrastructure and transportation system.

Tennessee ranked 13th overall, up three spots from CNBC's 2012 report.

The ranking is good news for both the Volunteer State and Greene County, said Tom Ferguson, president and CEO of the Greene County Partnership.

"That actually surprises me that we are that low," Ferguson said Wednesday.

Some local officials have cited the recruitment of US Nitrogen and the expansion of Huf-Tennessee as proof of economic rebuilding in Greene County.

"Our environment is very conducive for businesses," Ferugson said. "Companies want to go where states are financially stable."

Tennessee scored best in the report's cost-of-living, infrastructure and transportation categories.

The Volunteer State has the nation's second-best road system, and is behind only Oklahoma in housing, food and energy costs, according to CNBC.

The state's economy is also better than that of most other states, ranked No. 9 in the nation in the CNBC report.

If CNBC's ranking is any indication, however, Tennessee could use major improvements in certain areas.

Tennessee ranked 49 out of 50 states in quality of life, a wide category that measures a state's crime rate, health care, local attractions and environmental quality.

The state was ranked 45th in education.

South Dakota ranked No. 1 in the CNBC report. Hawaii finished last.

 
For more information and stories, see The Greeneville Sun.

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