TALLAHASSEE, Fla.– Today, Chief Executive Magazine announced that Florida is the #2 state in the nation to do business, edging closer to knocking Texas off the top spot.
More than 730 CEOs from across the U.S. voted in the survey – the highest response on record. The survey asked CEOs to rank the best states for business based on a wide range of criteria, from taxation and regulation to workforce quality and living environment.
“CEOs from around the nation recognize IT’S WORKING in Florida. We have cut business regulations, kept taxes low, we have no state income tax and we’ve paid down state debt,” said Governor Scott. “CEOs have also taken notice of our superior living environment noting our education quality, affordability of real estate and excellent transportation system.”
The survey gave Florida high marks in all areas important for business creation and highlighted the state's living environment as well as taxation and regulation. According to CEOs, Florida now beats Texas in living environment and is closing the gap in taxation and regulation. The article specifically notes, “Governor Rick Scott has made it his priority to streamline state government, reducing 2,300 needless regulations and 12,000 government positions…Scott cut property taxes by more than $210 million and eliminated the state tax for 63 percent of the businesses that paid it when he was elected.”
“Today's announcement reaffirms that Florida is the perfect climate for business,” said Secretary of Commerce Gray Swoope, who also serves as president & CEO of Enterprise Florida. “Florida is a super-state for business. We have the location, infrastructure and workforce needed for any business to be successful.”
Florida’s economy continues to grow. The state’s unemployment rate has dropped by more than three percentage points from two years ago – the second biggest drop in the country. Florida’s unemployment rate is now below the national average and is at its lowest point since October 2008. In addition, the Sunshine State’s businesses have created more than 320,000 new private-sector jobs in the last two years, and 32,000 in March alone.
Florida has made the grade in a number of recent rankings, including:
- Fast Company, the world's leading progressive business media brand, named Florida the No. 1 state for innovation in its May 2013 magazine.
- Florida ranks #1 for exports in Brookings’ Top 10 State and Metropolitan Innovations to Watch.
- Florida’s Tax Climate is among the Top 5 best for business.
- Florida ranks among the 10 Best States for Starting a Business by CNBC.