North Carolina Named Pro-Business State

August 04, 2010 By: NCTechNews Category: General News

(Chicago, Ill.) “The United States is in a global economic war, and we’re losing,” says geoeconomist and corporate relocation expert Dr. Ronald R. Pollina in the just-released Pollina Corporate Top 10 Pro-Business States for 2010: The Great American Job Purge.

In the annual study of job retention and creation by the 50 states and the federal government, Dr. Pollina, author of the soon-to-be released book entitled Selling Out a Superpower, emphasizes that “India and China have the collective will to win this war. As a nation, America appears to have no will or strategy to win.”

There are, however, states that serve as a model for the rest of the country in job retention and creation. Brent Pollina, Vice President of Park Ridge, Illinois-based Pollina Corporate Real Estate (www.pollina.com) and author of the study, names Virginia as “America’s most pro-business state” for the second consecutive year, winning by the largest margin in the study’s history.

This year the report includes the first ever Most Improved State, Louisiana, which stunningly climbed from 40th to 20th place. Louisiana recently shifted priorities by aggressively creating new incentive programs and promoting a business friendly perspective.

Sadly, for the seventh consecutive year, California ranked dead last.

“Keeping America employed in good, high-paying jobs will become increasingly more difficult in the future,” says Brent Pollina. “Increased completion is certain to occur as other nations continue to make rapid strides in developing their economies, often at the expense of U.S. jobs. That’s why it is critical for every state—and especially the federal government—to understand what the Top 10 states have done to produce the best business environment and thus the best job growth for their constituents.”

The Pollina Corporate Top 10 Pro-Business States for 2010 are: 1) Virginia 2) Utah 3) Wyoming 4) South Carolina 5) North Carolina 6) Nebraska 7) Kansas 8) South Dakota 9) Alabama and 10) Missouri. The study, considered the most comprehensive, unbiased and unvarnished of its type, is the “Gold Standard” for evaluating and ranking states based on 31 factors controlled by state government, including taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentive programs and state economic development efforts.

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