CNBC & CNBC.com Present Coverage with Senior Correspondent Scott Cohn Revealing the 2014 America's Top 5 States for Business Throughout CNBC's Business Day Programming and Online on Tuesday, June 24th
ENGLEWOOD CLIFFS, N.J., June 3, 2014— It's all about jobs. Across America, especially the 36 states electing governors this year, politicians, policymakers and the public are debating how best to attract business. Which states are getting it right? With the competition for jobs growing more intense every day, what does it take to be this year's Top State for Business?
Starting Monday, June 23rd through Wednesday, June 25th, CNBC, First in Business Worldwide, will broadcast the results of its eighth annual study of America's Top States for Business. The network will build a special event around this CNBC exclusive study with the complete rankings being revealed, along with the winning state, on Tuesday, June 24th, throughout the network's Business Day programming. The complete ranking for all 50 states will be available on CNBC.com and include an in-depth look at each of their respective rankings.
CNBC Senior Correspondent Scott Cohn will broadcast live from the top-ranked state starting Monday, and will count down CNBC's 2014 list of America's Top States for Business Tuesday, beginning on "Squawk Box" (6AM-9AM ET) with the top state being revealed on "Closing Bell" (3PM-5PM ET).
On Tuesday, June 24th, CNBC.com will reveal, in conjunction with on-air, the complete list of America's Top States for Business rankings. In addition, topstates.cnbc.com will feature a wealth of coverage about each state including economic snapshots (employment, budget, tax and housing data) and exclusive stories and slideshows delving into the various top-ranking categories including Technology & Innovation, Quality of Life and Most Improved States.
Follow us on Twitter @CNBC and take part in the social conversation using hashtag #TopStates.
To determine the rankings for America's Top States for Business, each state was scored—using publicly available data—on 56 different measures of competitiveness. We developed our methodology with input from business groups including The National Association of Manufacturers and The Council on Competitiveness, and continually monitor the competitive landscape with the help of business leaders, policy analysts, the CNBC Global CFO Council and the states themselves. States received points based on their rankings in each metric, which were then separated into ten broad categories. The categories are weighted based on how frequently they are cited as selling points in state economic development marketing materials. That way, we grade the states on the criteria they use to sell themselves.
So what makes a state great for business? The ten broad categories and the maximum possible points for each:
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