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Top States For Business

America's Top States for Business 2008

And The Winner Is—Texas

The state's large population, abundance of natural resources, and diverse population and geography have created a dynamic economy. The energy industry, of course, is king, and is the reason the Lone Star State unseated last year's winner, Virginia.

Top States 2008 Overall Rankings

Overall State Cost of Business Workforce Economy Education Quality of Life Technology & Innovation Transportation Cost of Living Business Friendliness Access to Capital
1 Texas 27 12 1 30 22 4 1 3 20 3
2 Virginia 11 8 17 11 28 14 13 27 2 13
3 Utah 10 10 3 46 6 21 32 24 6 19
4 Idaho 5 7 5 48 26 27 24 14 33 34
5 Colorado 25 13 11 35 7 13 35 30 5 11
6 North Carolina 22 3 23 27 38 18 15 20 10 10
7 South Dakota 1 19 14 24 21 50 25 2 4 44
8 Georgia 16 3 31 32 42 16 2 9 14 14
9 Iowa 2 25 29 15 17 31 39 13 11 42
10 Minnesota 29 31 27 9 5 11 8 31 16 15
11 Kansas 24 11 21 13 33 31 8 8 11 30
12 Arizona 23 6 8 43 36 19 25 35 6 18
13 Indiana 6 27 37 19 31 23 4 11 3 28
14 Wyoming 12 17 6 14 17 48 33 28 22 47
15 Massachusetts 41 34 25 1 15 4 36 42 13 2
16 North Dakota 4 23 18 23 19 47 20 17 14 46
17 Florida 42 1 20 39 23 9 18 34 16 9
18(tie) New Jersey 45 40 21 4 1 2 36 48 35 8
18(tie) Washington 35 37 11 17 9 6 22 36 34 4
20 Oregon 18 14 35 29 26 20 11 39 27 16
21 Tennessee 13 5 37 42 43 25 7 1 9 29
22 Nebraska 19 28 28 21 12 36 29 7 28 49
23 Pennsylvania 38 43 32 6 12 9 16 29 28 6
24 Missouri 8 26 43 19 39 26 10 5 23 26
25 California 48 21 7 31 4 1 16 49 48 1
26 New York 50 49 2 1 3 2 25 46 42 5
27 New Hampshire 32 33 41 7 2 24 45 40 6 21
28 Oklahoma 6 30 3 45 41 35 34 4 23 35
29 South Carolina 9 2 39 37 49 31 4 15 28 25
30(tie) Illinois 44 44 14 25 16 7 12 23 35 12
30(tie) Ohio 30 46 40 12 19 17 2 16 42 20
32 Arkansas 3 9 33 33 47 43 36 6 35 47
33 Montana 26 36 10 16 30 45 29 31 44 45
34 Connecticut 47 38 30 5 11 15 44 44 16 17
35 Kentucky 14 20 45 38 40 38 6 18 28 22
36 Maryland 33 41 25 22 37 11 40 45 20 7
37 Wisconsin 36 47 36 9 25 22 13 22 28 27
38 New Mexico 21 32 8 44 44 36 22 26 46 23
39 Vermont 40 34 42 3 10 31 46 41 16 38
40 Michigan 34 39 48 28 23 8 21 25 39 24
41 Delaware 31 23 18 26 46 28 47 33 1 41
42 Alabama 19 22 23 47 45 39 43 11 39 31
43 Louisiana 28 28 14 40 50 40 25 19 41 33
44 Maine 43 45 44 8 14 41 40 37 23 40
45 Nevada 37 16 34 49 34 29 18 38 23 32
46 Mississippi 17 15 46 50 48 46 31 10 44 37
47 West Virginia 15 48 46 36 32 49 42 21 50 36
48 Rhode Island 46 18 49 17 29 30 48 43 47 39
49 Hawaii 49 50 13 34 8 43 49 50 49 43
50 Alaska 38 42 50 41 35 42 50 47 35 49

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