PHOENIX — Looking for a great place to conduct business? Well, look no further: Arizona has been ranked one of the best places in the country to do business, according to a recent survey.
Chief Executive Magazine’s annual “Best & Worst States for Business” found that Arizona ranked No. 6 in the country for business, climbing three spots from last year.
In comparison, the state’s next-door neighbor and home to start-up giant Silicon Valley, California, ranked dead last in business climate — for the 12th year in a row.
In a press release, Arizona Gov. Doug Ducey said the honor is “further validation” on the part of state officials for making Arizona a more “attractive” place to start or grow a business.
“Whether it’s loosening government’s grip on job creators with light regulations and low taxes, embracing 21st-century innovation or simply promoting our unbeatable quality of life – businesses have taken notice,” the release read. “There’s a lot of work to do to get to No. 1 – but we’re moving in the right direction, and becoming the preferred spot for companies looking for a better opportunity.”
Marshall Cooper, CEO of Chief Executive, said in a release that Arizona’s climate and proximity to big markets in the West Coast, Latin America and Asia make the state a viable option to grow a business.
“As Arizona continues to improve its business development program, I have no doubt we’ll see the state garner more new business,” the release read.
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