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Chief Executive Magazine

2014 Best/Worst States for Business

Just this morning, CEO Magazine released its 10th annual “Best/Worst States for Business” report.  This ranking is based solely on a survey of CEOs, and does not factor in statistical data or other objective measures of a state’s business-climate.  As a result, this makes CEO Magazine’s by far one of the best rankings with which to gauge how corporate executives perceive Missouri as a place to do business.

Chris Chung of Missouri Partnerhsip offers the following analysis. In the 2014 survey, Missouri posted the largest gain in position relative to the 2013 survey, moving up 9 spots from 31st to 22nd.  Below is a summary of how Missouri fared in 2014 vs. 2013, as compared to our neighboring states.

 

State

2013 rank

2014 rank

Change in position

Missouri

31st

22nd

+ 9

Arkansas

28th

29th

- 1

Illinois

48th

48th

None

Iowa

23rd

19th

+ 4

Kansas

19th

26th

- 7

Kentucky

29th

25th

+ 4

Nebraska

25th

21st

+ 4

Oklahoma

14th

20th

- 6

Tennessee

4th

3rd

+ 1


It's difficult to know what factors contributed to the improved perception of Missouri’s business climate, though it's hoped to be attributable in at least some small way to ongoing efforts to market Missouri and shape the business image of the state.  (Missouri Partnership suspects that Missouri’s aggressive and public bid for Boeing also influenced how Missouri was seen by the business world over the past year.)

That said, Missouri still hasn’t cracked the Top 10 in this ranking, so we have plenty of work left to do!

Read the rest at Chief Executive >>