Georgia Climbs 3 Spots To #8 In Forbes “Best States For Business” Rankings

Forbes Magazine has come out with their annual ranking of the best States for business. Georgia moved up from 11th last year to 8th this year.

Our ranking is based on six vital factors for businesses: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. We weighed 35 points of data to determine the ranks in the six main areas. Business costs, which include labor, energy and taxes, are weighted the most heavily. We relied on 10 data sources; research firm Moody’s Analytics was the most-utilized resource (click here for a detailed methodology).