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Salt Lake City – For the third consecutive year, Utah has been recognized as the top pro-business state by Pollina Corporate, based on 32 factors controlled by state government.
The factors used to evaluate states include: taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, regulatory environment, workers compensation laws, economic incentive programs and economic development efforts.
Utah scored highly in high school and college completion, unemployment rate and workers compensation to name a few. The state also scored very strongly across all tax categories. Pollina noted some areas where Utah can still improve, such as teacher compensation, incentives and college funding per-student.
“Cultivating an environment where businesses can thrive has been a significant focus of our economic development efforts,” said Gov. Gary R. Herbert. “It’s one thing to win once, but to consistently rank in the top spot show something special is going on here.”
The Pollina Corporate annual 50-state ranking indicates how each state has positioned itself to retain and create jobs and sustain America’s middle class. Now in its eleventh edition, the study has also become an important tool for corporations to evaluate their current and future U.S. locations.