News From Terre Haute, Indiana

Business

May 12, 2013

Indiana ranked best place to do business in Midwest

TERRE HAUTE — Indiana was ranked as the best place to do business in the Midwest and the fifth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine.

The magazine’s ninth annual “Best & Worst States” survey asked CEOs to evaluate states based on business tax policies, regulation, workforce quality and livability factors.

 Indiana’s ranking in the survey has moved up 11 places since 2010.

“On the heels of the largest state tax cut in Indiana history, this ranking is validation of the work we have done since day one to make Indiana the top jobs state in the country,” said Gov. Mike Pence.  

Under the governor’s leadership, Indiana recently enacted the largest tax cut — more than $600 million a year — in state history.

Chief Executive magazine noted in this month’s issue, “The federal government may be a tax reform wasteland, but the states are out there competing with gloves off.”

Through a combination of income tax relief, inheritance tax repeal and other business tax reductions, Indiana is the only state in the country to achieve more than $1 billion in tax cuts over the next two years.

Indiana’s fifth-place ranking makes it the only Midwestern state in the publication’s top five.

 Among neighboring states, Kentucky ranked 29th, Ohio 22nd, Michigan 44th and Illinois 48th.

The magazine ranking is the latest in a series of national acknowledgements Indiana’s business climate has received, including a top-five finish nationally in the Pollina Corporate Top 10 Pro-Business States for 2012 study.

 Also, Area Development magazine rated Indiana as the best state for doing business in the Midwest and eighth nationally, according to an October 2012 survey of national location consultants and a review of Indiana’s economic development record.

Chief Executive magazine is a bi-monthly publication for top management executives published by the Chief Executive Group LLC.

 The “Best & Worst States” survey results are available at chiefexecutive.net/best-worst-states-for-

business-2013.

 

1
Text Only | Photo Reprints
Business
Latest News
TribStar.com Poll
AP Video
Argentina to Face Germany in World Cup Final Kim Kardashian Hits Up Valentino Show in Paris Israeli Offensive Escalates in Gaza Attack Raw: 10-year Sentence for Ex-New Orleans Mayor Service Held for 200 Whose Bodies Went Unclaimed Police: Prostitute Accused in Overdose Death "Hotwives" Spoofs Reality TV Raw: Rocket Explodes Over Israeli Wedding World's Tallest Water Slide: See It for Yourself Sterling Testifies in Los Angeles Clippers Trial Weaver Reprises Ripley Role for 'Alien' Game Froome Crashes Out on Bumpy 5th Tour Stage Raw: World's Tallest Water Slide Opens Thursday Dodgers Found Partly Responsible in Fan Beating APNewsBreak: Different Attackers in Benghazi? Raw: Brazil Fans Cry After World Cup Loss Fans Dying to Be Near Jazz Greats Four Kids, Two Adults Shot Dead Near Houston Obama: 'Photo Ops' Won't Solve Border Crisis Raw: Fans Gather for Argentina-Netherlands Match
NDN Video
Argentina tops Holland in World Cup semifinals Emmy Nominations: What to Watch For News flush: Japanese toilet exhibition making a splash Emma Watson Is Va-Va-Voom in Valentino Photographic 'Proof' That LeBron Is Leaving Miami - @TheBuzzeronFOX Elephant Pool Party at The Oregon Zoo Must-See! Berry and Fallon Form Human Hamster Wheel Pilot buys pizzas for travelers delayed by storm Klose nets record, Germany rout Brazil 7-1 'Purrmanently Sad Cat' Looks Adorably Sad All the Time Pharrell 'humbled' by success of mega-hit 'Happy' Day After: Brazil Reeling in WC Loss Jennifer Lawrence Facepalms Emma Watson Athletes Bare All for ESPN Magazine's Body Issue Raw: Brazil Fans Leaving Stadium Before Half Andi Dorfman Walks Out During the Rose Ceremony 5 Firework Fails for July 4th Justin Bieber Catches Tom Hanks Getting Down, Showing ‘How We Do It Big shoes to fill for Brazil ahead of Germany clash Man's 'Potato Salad' Plea Takes Off on Kickstarter
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity