The Pollina
Corporate State Business Climate Comparison takes a comprehensive,
two part approach to evaluating and ranking states. Part I is
based on a large array of factors, all controlled by state governments.
This part is called Labor, Taxes and Other Factors. The second
part of the evaluation examines state government-controlled
factors based on incentive programs and state economic development
departments. This second part is referred to as Incentives and
State Economic Development Agency Factors.
Labor, Taxes and Other Factors
• Human Resources
• Right To Work
• Unemployment and Workers Compensation Insurance
• Corporate and Individual Taxes
• State Infrastructure
• Utility Rates
• Quality of Life
Economic
Development Agency Factors
• Quality and Effectiveness of Economic Development Incentives
• Quality of State Economic Development Organization
• Evaluation of State Economic Development Website
• Marketing Efforts
• Ability to respond to new companies
• Ability to respond to existing companies
Understanding how
a state compares to the rest of the nation is an important first
step in improving the effectiveness of a region. By using the
Pollina Corporate State Business Climate Comparison you will
gain insight into how your state compares on a national level.
Since most site selection projects start at the state evaluation
level, it is important for a community or region to understand
the state’s strengths and weaknesses. This information
is essential to developing your local marketing program.