Utah named 3rd best state for business in 2018
(KUTV) - Utah has been named the third best state for business in 2018 by CNBC, right behind Texas and Washington.
The state got its high ranking for its outstanding economy with A+ grade.
Utah also received solid grading in the following categories: Quality of life, cost of doing business, infrastructure, workforce and business friendliness.
Despite its flourishing economy, Utah fumbles on education by underfunding schools; thus receiving a D+ grade.
These grades and scores were tallied based on more than 60 measures of competitiveness and developed with input from a broad and diverse array of business and policy experts, official government sources, the CNBC Global CFO Council, YPO and the states themselves.
Here is the list of the best states for business 1-50:
- North Carolina
- South Dakota
- New Hampshire
- New York
- North Dakota
- South Carolina
- New Jersey
- New Mexico
- Rhode Island
- West Virginia