Missouri ranks 8th in “Top 10 Pro-Business States” ranking
Wednesday, July 23, 2014
Article by Lake News Online
Missouri has moved up to number 8 in the ratings of top U.S. states for business compiled by the nation’s premier international brokerage and consulting firm. This is the fifth consecutive year Missouri has made the list of the Pollina Corporate Top 10 Pro-Business States, an annual study considered the most comprehensive in the economic development industry. Pollina co-publishes the study with the American Economic Development Institute.
Among other factors, Missouri received “A” grades from Pollina for its corporate tax index, business inventory taxes, property taxes, unemployment insurance, transportation infrastructure and electricity costs. The report also scored the state and the Missouri Department of Economic Development high on the use of economic incentives and in the area of marketing/website/response.
“When it comes to economic development effort, the ‘Show Me State’ should be held as an example for other state economic development departments,” Pollina said.