Best States for Business: #4
South Dakota
Open for Business Index Score: 85.85
South Dakota is the second of the elite top five states on our Open for Business Index. Vaulting The Mount Rushmore State to number four on our list are its low tax burden, and tort law, low percentage of its workforce represented by unions, good education and the protection of employees from forced unionization with a Right to Work law. South Dakota posted average scores for health, cost of employing labor, cost of living, and size of government. One area that could use improvement in South Dakota is the state’s infrastructure.
Worst States for Business: #4
New York
Open for Business Index Score: 58.6
New York’s best categories were infrastructure and health, where it scored slightly better than average. The Empire State posted dismal scores for education and size of government, but even worse in the remaining categories. For tax burden, cost of living, cost of employing labor, and tort law New York scored near the bottom, and for percentage of employees represented by unions, New York scored at the very bottom.
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