Arizona receives an "F" grade and ranks the worst state in the nation, based upon empirical data on the states’ performance and competitiveness on ten metics. 1/11
ow.ly/7c2y50JXiWn
ow.ly/7c2y50JXiWn
Workforce (410 points – 16%)
Key factors: success in attracting talent at all levels, state worker training programs, right to work laws, and worker productivity based on economic output per job. 2/11
Key factors: success in attracting talent at all levels, state worker training programs, right to work laws, and worker productivity based on economic output per job. 2/11
Infrastructure (380 points – 15%)
Key factors: viability and conditions of transportation system by the value and volume of shipped goods Availability of vacant land, office and industrial space, broadband, utility infrastructure and sustainability. 3/11
Key factors: viability and conditions of transportation system by the value and volume of shipped goods Availability of vacant land, office and industrial space, broadband, utility infrastructure and sustainability. 3/11
Cost of Doing Business (345 points – 14%)
Key Factors: strength of business tax climate, labor and utility costs, cost of office and industrial space; and business incentives and tax breaks, w/emphasis on incentives targeted toward development in disadvantaged communities. 4/11
Key Factors: strength of business tax climate, labor and utility costs, cost of office and industrial space; and business incentives and tax breaks, w/emphasis on incentives targeted toward development in disadvantaged communities. 4/11
Economy (325 points – 13%)
Key Factors: economic strength based on GDP growth and job growth over the past year, credit ratings and outlook, revenue and reserves, pension debt, residential real estate market and number of major corporations headquartered in the state. 5/11
Key Factors: economic strength based on GDP growth and job growth over the past year, credit ratings and outlook, revenue and reserves, pension debt, residential real estate market and number of major corporations headquartered in the state. 5/11
Life, Health & Inclusion (325 points – 13%)
Key Factors: per capita crime rates, environmental quality; #inclusiveness in state laws, protections against #discrimination and #votingrights; health care quality, outcomes, preparedness and public health spending. 6/11
Key Factors: per capita crime rates, environmental quality; #inclusiveness in state laws, protections against #discrimination and #votingrights; health care quality, outcomes, preparedness and public health spending. 6/11
Technology & Innovation (250 points – 10%)
Key Factors: prize innovation, nurture new ideas and have the resources to support them; number of patents issued per capita; health, science and agriculture research grants and foster emerging technologies. 7/11
Key Factors: prize innovation, nurture new ideas and have the resources to support them; number of patents issued per capita; health, science and agriculture research grants and foster emerging technologies. 7/11
Education (165 points – 7%)
Key Factors: number of colleges and universities in each state and long-term trends in state support for higher education, historically Black colleges and universities, community college and career education systems and multiple measures of K-12. 8/11
Key Factors: number of colleges and universities in each state and long-term trends in state support for higher education, historically Black colleges and universities, community college and career education systems and multiple measures of K-12. 8/11
Business Friendliness (200 points – 8%)
Key Factors: balanced legal and regulatory framework; each state’s lawsuit and liability climates, regulatory regimes covering areas such as trade, labor and bureaucracy; and hospitable toward emerging industries. 9/11
Key Factors: balanced legal and regulatory framework; each state’s lawsuit and liability climates, regulatory regimes covering areas such as trade, labor and bureaucracy; and hospitable toward emerging industries. 9/11
Access to Capital (50 points – 2%)
Key Factors: venture capital investments, traditional bank lending in relative and absolute terms, as well as state-backed capital and loan guarantee programs. 10/11
Key Factors: venture capital investments, traditional bank lending in relative and absolute terms, as well as state-backed capital and loan guarantee programs. 10/11
Cost of Living (50 points – 2%)
Key Factors: The cost of living helps drive the cost of doing business. From housing to food and energy, wages go further when the cost of living is low, based upon an index of costs for basic items. 11/11
Key Factors: The cost of living helps drive the cost of doing business. From housing to food and energy, wages go further when the cost of living is low, based upon an index of costs for basic items. 11/11
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