Study: CEOs rank Missouri in ‘Top 25’
Sunday, May 18, 2014
CEOs were very pleased with the business economy in Missouri this past year, and they showed it with their votes.
Missouri jumped nine points — more than any other state — to 22nd, becoming a “Top 25” state in which to do business, according to Chief Executive magazine’s annual Best & Worst States for Business survey.
The Best & 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.
Missouri is home to Monsanto, Emerson Electric and Express Scripts. Both Missouri’s unemployment and tax rates are lower than the national average. In addition, Ford has made a sizable investment in the state with its van production facility in Claycomo.
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