Ohio is considered in the bottom third of the country for business conditions according to a new survey of CEOs.
The ranking is the result of the annual
Best & Worst States survey by Chief Executive Magazine, which asks CEOs about various topics including regulation, quality of living and infrastructure in all 50 states.
Last year’s poll ranked Ohio as 41st in the nation. In 2010, Ohio was in the 43th spot. Ohio’s move this year was among the best in the country. Only Louisiana, Mississippi and West Virginia improved their ranking more than Ohio did.
Texas was rated as the best state for business for the eighth consecutive year. Florida, North Carolina, Tennessee and Indiana made up the rest of the top five states behind Texas.
The worst state for business was California, according to the ranking.
“CEOs tell us that California seems to be doing everything possible to drive business from the state,” said J.P. Donlon, editor of the magazine and ChiefExecutive.net, in a release. “Texas, by contrast, has been welcoming companies and entrepreneurs, particularly in the high-tech arena.”
New York, Illinois, Massachusetts and Michigan also were in the bottom five.