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South Dakota is the 15th Best State for Business Up From 18th in the Previous Year in Chief Executive’s “Best & Worst States for Business 2014” Survey


Employment shows vigor as legislature enacts economic-development package

FOR IMMEDIATE RELEASEGREENWICH, CT, May 12, 2014 – CEOs rated South Dakota as the 15th best state in which to do business, according to Chief Executive magazine’s annual Best & Worst States for Business Survey.

TheBest & Worst States Survey gauges the sentiment of CEOs on a variety of measures that they themselves have viewed as critical. These include the tax and regulatory regime, the quality of the workforce, and the quality of the living environment. Five hundred CEOs participated in the 2014 survey. The rankings are crucial, as CEO sentiment drives investments in offices, factories and other facilities that bring jobs to a region.

Topping Bankrate.com’s Best States for Retirement, CNBC says that North Dakota has a lot going for it, including a low cost of living, crime rate and taxes and quality healthcare. Home to Mount Rushmore, the cost of living is more than 18% lower than the national average, according to published reports.

“Low overhead for startups and ample expansion space are two points that make South Dakota attractive to businesses,” said Marshall Cooper, CEO of Chief Executive magazine and ChiefExecutive.net. “There are a number of manufacturing industries that could do well there.”

For complete results, including individual state rankings on multiple criteria, CEO comments, methodology and more, visit http://chiefexecutive.net/2014-best-worst-states-for-business.

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Chief Executive Groupproduces Chief Executive magazine (published since 1977), and chiefexecutive.net, including e-newsletters and online content, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. The Group also facilitates the annual "CEO of the Year," a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers. Visitwww.chiefexecutive.net  for more information.

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Chief Executive magazine
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