States Led By GOP Governors Dominate CNBC's 'Top States for Business' Rankings

In case you missed it, CNBC yesterday announced their annual rankings of the “Top States for Business,”  showcasing the top states for friendly business climates.

And it’s no surprise, the Top 5 “Best States for Business” are led by Republican governors, including Gov. Nathan Deal’s Georgia at the top spot.  CNBC’s rankings echo the rankings we’ve seen recently from Chief Executive Magazine, and Site Selection Magazine, showing that the top states for business are dominated by states led by Republican governors.

Republican governors are cutting taxes, slashing spending, balancing budgets, and transforming their states into engines of economic growth.

THE TOP FIVE: 1. Georgia, 2. Texas, 3. Utah, 4. Nebraska, 5. North Carolina

A few notes:

In one year, Gov. Nathan Deal’s Georgia jumped from the #8 spot in 2013, to the #1 State for Business today.

Since electing Gov. Scott Walker in 2010, Wisconsin has moved from the #29 spot, to today’s #17.

Led by Gov. Brian Sandoval, Nevada has remarkably jumped 18 spots in one year: from #47 in 2013 to #29 in 2014.

Under Gov. Pat McCrory, North Carolina jumped 7 spots, from #12 in 2013 to #5 in 2014.

In Connecticut, Democrat Gov. Dan Malloy’s failed record on jobs continues to add up, as his state comes in at #46 – the 5th worst state to do business in America.

Facing a difficult primary and general election, Gov. Neil Abercrombie gave even more reason to elect conservative leadership in Hawaii in 2014, with the state finishing next to dead last at #49.

Excerpt below:

Georgia is CNBC’s Top State for Business in 2014

By Scott Cohn; 6/24/14

Georgia—the Peach State—slices up the competition in the 2014 America’s Top States for Business rankings by CNBC, signaling an apparent shift back to the Sun Belt from the energy-rich Northern Plains. Always a contender, Georgia outdid itself in 2014.  The state scores a solid 1,659 points out of a possible 2,500, finishing at or near the top in three categories and in the top half in all but two. Since we began rating the states for competitiveness in 2007, Georgia has never finished outside the top 10 overall, with fourth-place finishes in 2007 and 2011, and a respectable eighth place in 2013.

Read the full article here: http://www.cnbc.com/id/101767549