Positive feedback generated through historic across-the-board
FOR IMMEDIATE RELEASE – GREENWICH, CT, May 12, 2014 – CEOs were pleased with the business climate in Iowa throughout 2013, and showed their support in their votes, pushing the “American Heartland” state up four notches to 19th, according to Chief Executive magazine’s annual Best & Worst States for Business survey, compared to their 2013 position of 23rd.
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.
Iowa is home to companies including Principal Financial, Rockwell Collins and Meredith Corp. The state’s unemployment and tax rates are both lower than the national average.
Gov. Terry Branstad is working on legislature that would make Iowa attractive to returning vets looking for work and education. Called Home Base Iowa, will exempt taxes for the nearly 8,000 returning Iowa vets. In addition, he has a plan for creating 200,000+ new jobs over the next five years.
“The business climate in Iowa right now is strong and headed in the right direction,” said Marshall Cooper, CEO of Chief Executive magazine and ChiefExecutive.net. “Iowa is definitely an up-and-coming state to watch.”
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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