SC Claims Number Two Spot for Executive Survey Rank
South Carolina has moved up three spots in Site Selection’s latest ranking of states with the best business climate, sharing the No. 7 spot on the list this year with Louisiana, which fell three spots this year.
South Carolina ranked No. 10 last year, and Louisiana was No. 4.
Half of the Site Selection ranking is based on a survey of corporate facility investors and site selectors on the most business-friendly states. Surveyed executives ranked South Carolina No. 2 for 2016, up from No. 5 in 2015.
The other half of the ranking is based on announced project data from the Conway Projects Database, which credits areas with corporate facility projects of at least $1 million in capital investment, 20 or more new jobs or new construction of at least 20,000 square feet.
For the fourth consecutive year, Georgia is ranked No. 1 by Site Selection, followed by North Carolina and Ohio. Tennessee and Texas have tied for No. 4, followed by Virginia. Alabama and Indiana round out the top 10.
“This year’s ranking, like those of previous years, illustrates the enduring strength of the U.S. South as a destination for corporate expansion,” Site Selection says. “Ohio (third) and Indiana (10th) made the top 10, but all others in that group can be found south of the Mason-Dixon Line.”