Michigan Receives High Business Ranking

Moving up one spot from last year, CNBC has ranked Michigan 9^th in the nation for business. In order to rank each state, CNBC scored each state on 128 metrics, including infrastructure, quality of life, and cost of doing business. They weighed each category based on the frequency a state uses it in marketing tools.

In addition to the 9^th place overall ranking, Michigan was ranked:

• • 3^rd for cost of living, up from 7^th last year.
  • 8^th for business friendliness, up from 15^th last year.
  • 9^th for technology and innovation, up from 12^th last year.

The top 10 states are:

1. 1. Virginia
   2. North Carolina
   3. Texas
   4. Georgia
   5. Florida
   6. Minnesota
   7. Ohio
   8. Tennessee
   9. Michigan
   10. Washington

For more information, please click here.