America's Top States for Business 2010 Posted at 7/14/2010 05:50:00 PM 0 comments (+)
A CNBC SPECIAL REPORT: We scored all 50 states—using publicly available data—on 40 different measures of competitiveness. States received points based on their rankings in each metric. Then, we separated those metrics into the ten broad categories, with input from business groups including the National Association of Manufacturers. We weighted the categories based on how frequently each is cited in state economic development marketing materials.

Here are the ten categories ranked in our study:

- Cost of Doing Business
- Workforce
- Quality of Life
- Economy
- Transportation & Infrastructure
- Technology & Innovation
- Education
- Business Friendliness
- Access to Capital
- Cost of Living

~ So happy that UTAH made it to number 8! Go Utes!

Utah's Economic Profile

* Population: 2,784,572
* GDP (2008 per capita): $32,049
* Unemployment rate (May 2010): 7.3 percent
* Foreclosure rate (May 2010): One per 360 households
* Budget gap (projected 2011): $700 million
* Corporate tax rate: 5.0 percent

Labels: business buzz