La. ranks No. 9 in magazine’s best states for business

Louisiana ranked No. 9 nationally in Chief Executive magazine’s annual ranking of Best & Worst States for Business — the first time the state has cracked the top 10 best states.

Since 2010, Louisiana has improved a national best of 31 spots in the Chief Executive survey.

“Having jumped 31 positions from 40th in 2010 to No. 9 this year, Louisiana is the Cinderella state of Chief Executive’s ranking, proving that a concerted effort to transform old habits and policies can truly pay off,” said J.P. Donlon, Chief Executive’s editor-in-chief.

Gov. Bobby Jindal’s office noted that Louisiana now places among the top 10 states nationally in four national business-climate rankings, including those published by Area Development, Business Facilities, Chief Executive and Site Selection.

The best five states for business in the Chief Executive rankings are Texas, Florida, Tennessee, North Carolina and South Carolina. The worst five are California, New York, Illinois, New Jersey and Massachusetts.