Tennessee Scores High In Economic Rankings

Tennessee Scores High In Economic Rankings

Within the last few weeks, certain news sources have now put the state of Tennessee at the top of many economic rankings.

The awards for the most recent rankings for Tennessee include:

• Named the 4th best state in the nation for business by Chief Executive Magazine;

Third best-managed state in the country by Barron’s Magazine;

Fourth in the country for transportation/road quality and 2nd in cost of living by CNBC;

• And being named the #1 state in the nation for retirement by Bankrate.com.

In addition to these honors, Site Selection magazine ranked the state of Tennessee 8th in the U.S. for total number of new capital investment projects in the annual Governor’s Cup Awards. The organization also named Tennessee the eighth best state in the nation for business climate for the second year in a row.

These highly regarded rankings that are produced annually are based on a state’s strong record of attracting new company investment deals, an analysis of statewide tax burden, and a survey of corporate site selectors.

The state of Tennessee also ranked seventh overall in Area Development magazine’s ‘Top States for Doing Business’ list up one spot compared to the previous year’s survey results.

Tennessee was also awarded the top ranking for overall global and infrastructure access, and beat out its competitors in ranking first in the nation for distribution/logistics hub access.


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Phone: 408-316-3512
Dated: June 30th 2013
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