Site Selection ranks Oklahoma 15th for business climate
BY LAURIE WINSLOW World Staff Writer
Friday, November 02, 2012
Oklahoma ranks No. 15 in Site Selection magazine’s list of Top Business Climates for 2012.
That ranking is down from last year when the state was No. 13 but better than 2010 when Oklahoma was ranked No. 23.
The annual business climate ranking, which appears in the magazine’s November issue, is determined 50 percent by an index of tax burden criteria and the states’ performance in Conway Data’s New Plant Database, which tracks new and expanded business facility activity, and 50 percent by a survey of corporate site selectors.
The data-driven part of the survey looks a five criteria, including three that require states to demonstrate a strong record of attracting capital and two that analyze state tax burdens on mature and new firms.
Based on subjective input from site selectors, Oklahoma ranked No. 21 in the magazine’s executive survey.
North Carolina is the top-ranked state for its business climate, according to the survey