Utah moved up six spots to finish second in CNBC's sixth annual study, thanks to high rankings in the categories of workforce, transportation and the cost of doing business.
The three-time winner of the study suffered from steep declines in the individual categories of transportation and the cost of doing business.
The state, which actually slid from third in 2011, still ranked high in several key categories, such as workforce, technology and transportation.
The state, which tied for 13th in 2011, scored high in four categories: economy, workforce, business friendliness and quality of life.
The Romney campaign is touting Mitt Romney's “record of success” as governor of Massachusetts from 2003 to 2007 as a reason to elect him president, but CNBC's Top States for Business tells a more nuanced story about his record.
Virginia is for big companies and its best talent spoiled by long-term government contracts., while Massachusetts' Cambridge is now the hottest place for start-ups in the country.
Montana landed right in the middle of the pack in CNBC’s “America’s Top States for Business” at #24. Here’s why: Montana is both the best of states and the worst of states for doing business.
In the new economy, remote access and quality of life will be king, and for that, Florida is a very unique option. Where else in the country can you find all that Florida has to offer — climate, ocean, airports, hotels, housing, healthcare and infrastructure
Wisconsin has implemented long-term reforms to ensure the delivery of vital services, and invested in things like infrastructure, technology and education, says Gov. Scott Walker, but business needs more measures to create stability and drive growth.
There were a number of reasons we left Ohio, but the two biggest were that hiring was difficult and the taxes were absurdly high, says Clint Greenleaf, CEO of Greenleaf Book Group and CNBC-YPO Chief Executive Network Member
Oklahoma is earning national recognition through our efforts to enact pro-business policies that have created an environment friendly to job creation, says Governor Mary Fallin.
Maryland routinely ranks behind Virginia and North Carolina in CNBC's "Top States for Business" study because of a poor showing in these two areas, says Larry Hogan, chairman of Change Maryland.