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In most business-related polls, Ohio typically does not fare very well. In fact, the most recent “Best States for Business” report from Forbes has Ohio clocked in at #37.
But a new “Best Business Climate” report from Site Selection Magazine lists the state of Ohio near the top of the charts in 4th place, with only North Carolina, Texas and Virginia faring better. Why the drastic difference? Are the methodologies being used in these surveys that much different? Should we be taking one of these surveys more seriously than the other, or should we be averaging the two scores together to try to figure out where we actually stand?
I’m assuming NCR missed this report.
Its measurements are entirely different than Forbes’.
Here’s info from Site Selection:
Site Selection’s annual business climate rankings are determined by performance in Conway Data’s New Plant Database, which tracks new and expanded business facility activity, and by a national survey of corporate selectors. Ohio’s performance in the executive survey helped the state jump from 17th in 2008 to eighth in 2009.
“Improving a state’s business climate in the current economic context is no small feat, but Ohio has done just that,†Mark Arend, Site Selection’s editor in chief, said. “This accomplishment, along with Ohio’s three consecutive Governor’s Cups in 2007, 2008 and 2009, means the state’s economic development strategy is on target and delivering tangible results – capital investment and jobs.â€Â
given the name of the magazine, it looks like they are probably biased towards real estate. from that view, i would agree that ohio can be attractive. there must be a reason we have a lot of international companies with offices/warehouses in central ohio. most of them in the suburbs though.
but yeah, the tax foundation puts ohio as one of the worst states in the country for businesses.
TAILgATE tESTED! tAILGATE aPPROVED!, I mEAN … oNE MAN’S TRASH IS ANOTHER MAN S tREASURE? wHATEVER IT IS i STILL NEED A jOB. sO TO ME THERE AIN’T MUCH DIFFERENCE BETWEEN #4-#37
Given that the name of the magazine is named Site Selection, I assume it’s a magazine geared towards businesses who need to locate a site for part of their business, how to do it, where to do it, why, etc. Ohio is so prime for that, as is North Carolina, because the unemployment rates are so high, but the technological and educational aptitudes of residents in both states are also relatively high. That’s not necessarily a good thing, but it’s also not necessarily the worst thing either. At least we’re not some backwards, uneducated, unskilled, high unemployment state.
I would say Texas right now is where the real economic party is going on right now.