Georgia Retains Title as No. 1 State for Business

News Summary

Georgia has been named the No. 1 state for business for the twelfth consecutive year, as confirmed by Area Development magazine. Governor Brian P. Kemp announced this achievement, highlighting the state’s strong economic reputation and its performance across various categories. The ranking reflects Georgia’s commitment to fostering a favorable business environment, emphasizing collaborative efforts among local leaders and strategic investments. Significant improvements in logistics, regulatory framework, and local government cooperation helped secure this top position, showcasing the state’s proactive approach to economic development.

Atlanta, Georgia – Georgia has once again claimed the title of the No. 1 state for business as recognized by Area Development magazine, marking the twelfth consecutive year of this esteemed ranking. Governor Brian P. Kemp made the announcement alongside the Georgia Department of Economic Development (GDEcD), highlighting the achievement as a major boost to the state’s economic reputation.

This ranking is determined through a survey evaluating 15 categories based on feedback from approximately 50 leading site consultants nationwide. Georgia’s performance in these categories contributes significantly to its overall score, placing it at the top of the list for doing business.

Governor Kemp emphasized that this recognition reflects Georgia’s sustained commitment to excellence and a collaborative approach to economic development. He pointed out that the ranking showcases not only the state’s ability to attract businesses but also its ongoing dedication to improving conditions for existing companies.

Lt. Governor Burt Jones reinforced the importance of partnerships among local leaders, legislators, and economic developers in achieving this impressive ranking. This collaborative effort has been pivotal in advancing the state’s economic landscape, showcasing a united front in fostering growth and opportunity.

Speaker of the House Jon Burns credited the longstanding success to decades of strong leadership, forward-thinking policies, and strategic investments made throughout the state. His recognition underscores the continuous legislative effort to create an environment conducive to business success.

Georgia excelled in 10 categories, placing in the top five for each, solidifying its overall No. 1 ranking. Categories in which Georgia performed particularly well include Cooperative Local and State Government, Favorable Regulatory Framework, and Logistics and Infrastructure, which are crucial for businesses to thrive.

The Top States for Doing Business survey is entering its 16th annual series, highlighting trends and changes within the business environment across the nation. Georgia’s continued recognition in this survey reflects a proactive approach to economic development and job creation.

To further enhance its standing as a business-friendly state, Georgia has been investing in communities through various initiatives, including the Rural Site Development Initiative. This program aims to prepare sites for industrial development, focusing on uplifting rural areas and ensuring they are ready for the demands of modern businesses.

GDEcD Commissioner Pat Wilson commented that successful economic development requires extensive planning, investment, and robust collaborative partnerships. The state’s sustained efforts in these areas have led to historical job creation and significant economic growth, positioning Georgia as an attractive destination for business ventures.

As a result of these initiatives and the consistent high rankings, Georgia is seen as a favorable place for businesses looking to expand or relocate. The state’s exceptional performance in critical areas continues to make it a leader in the competitive market of business environments.

In conclusion, Georgia’s recognition as the No. 1 state for business is not only a celebration of its current achievements but also a reflection of a long-term strategy focused on economic development, community investment, and collaborative efforts. As the state moves forward, it remains committed to fostering an environment that supports businesses of all sizes.

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