Development Counselors International (DCI) ranked the top five and the bottom five states, in terms of what states provide an economic climate most favorable to business. The rankings show that states following right-to-work laws held the top five spots, while states following more union-friendly rules held the bottom five spots.
DCI asked corporate executives and representatives to name the three states they thought provided the “most favorable business climates,” and the three states least favorable to business. Texas ranked #1 in the final survey results, while California ranked dead last at #50.
DCI provided this commentary on the results:
1. Texas |
49.4% |
2. North Carolina |
27.8% |
3. South Carolina |
14.3% |
4. Tennessee |
13.9% |
5. Florida |
13.5% |
50. California |
70.5% |
49. New York |
46.5% |
48. Illinois |
24.4% |
47. New Jersey |
23.5% |
46. Michigan |
16.1% |
Using the widespread economic hardship caused by COVID-19 and the political response to it as an excuse, President Joe Biden and his D.C. cronies are now transferring hundreds of billions of dollars from hard-pressed federal taxpayers to union boss-dominated states and localities.
The amount of money contributed to the Big Labor-dominated retirement funds commonly referred to as multi-employer pension plans, or MEPPs, is directly determined through union monopoly bargaining.
Four companies investing in North Carolina include AP Emissions Technologies, Polykemi, Abzena Holdings, and Gusmer Enterprises.