Indiana is one of the best places in the nation for business, according to a survey conducted by Chief Executive Magazine.
The publication asked more than 500 CEOs to evaluate states based on business tax policies, regulation, workforce quality and livability factors. In the ninth annual “Best and Worst States” list, Indiana placed at no. 5, moving up 11 spots since 2010.
“On the heels of the largest state tax cut in Indiana history, this ranking is validation of the work we have done since day one to make Indiana the top jobs state in the country,” said Gov. Mike Pence. “With our talented workforce, solid fiscal house and robust infrastructure, the Hoosier State’s job creation efforts are receiving national attention. Chief executives know that Indiana is one of the few states that actually works for business.”
The magazine cited the state’s largest tax cut—more than $600 million a year–that was recently enacted under Gov. Pence’s leadership.
Indiana was the only Midwestern state in the magazine’s top five. Kentucky ranked at no. 29, Ohio was no. 22, Michigan ranked at no. 44 and Illinois took the no. 48 spot.
View the list in its entirety here.