New Jersey Chamber of Commerce’s Post

The big decline in Connecticut's business friendliness rank largely reflects a series of recent policy decisions imposing or expanding costly workplace mandates—coupled with inaction on a transformative, bipartisan bill giving hundreds of thousands of small business employees access to quality, affordable healthcare. While it's heartening to see top 10 rankings for education and quality of life, we can—and must—do more to lower the state's high cost of living and make it much easier and less costly to start and run a business here. #connecticut #topstates #business #smallbusiness #transformCT

Some good things are happening for business in Illinois as highlighted in the recent CNBC "America's Top States for Business 2024". Illinois is in the top 15 overall and ranking in the top 6 for some key attributes. The report rankings looked at the competitiveness of the 50 states in 10 key attributes critical to business growth ranging from Infrastructure and workforce to access to capital and cost of living. Here's how we stacked up: Highlights: Infrastructure #6 Technology & Innovation #6 Education #4 Access to Capital #4 Cost of Living #5 Midline Quality of Life #22 Opportunities for Improvement Workforce #37 Economy #42 Cost of Doing Business #32 Business Friendliness #33 Some clear areas of strength and some very clear opportunities to create a more vibrant pro-growth, pro-business environment. Read the full report: https://lnkd.in/euyKyqTw #ILChamber #VoiceofIllinoisBusiness #ProGrowth #ProBusiness #ProIllinois

CNBC ranks North Carolina the #2 State For Business in 2024. CNBC scored all 50 states on 128 metrics in 10 broad categories of competitiveness to determine America’s Top States for Business 2024. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials. Data from a variety of sources is used to measure the states’ performance. North Carolina ranked #2 overall, but also ranked very high in Workforce, Economy and Business Friendliness. Learn more about how North Carolina ranked in each category:

This just in: Florida is No. 5 on the CNBC America’s Top States for Business 2024 rankings, jumping up three spots from last year. The Sunshine State is the nation's top ranked economy and ranks second for workforce and access to capital. See the full rankings and more about Florida below. #Florida #workforce #economy #capital

America's Top States for Business in 2024: What Makes Them Stand Out? CNBC's latest rankings are out, using new data sourced by Site Selectors Guild, revealing the top states driving business success across the country. Virginia, Georgia, and North Carolina lead the pack, but what really sets these states apart? Key Categories of Success: 1. Workforce: The availability, education level, and productivity of workers. 2. Infrastructure: Quality of roads, utilities, and market access. 3. Cost of Doing Business: Tax rates, utility costs, and business regulations. 4. Economy: GDP growth, job creation, and overall economic health. 5. Life, Health, and Inclusion: Quality of life, healthcare access, and inclusivity. 6. Technology & Innovation: Support for innovation, tech presence, and venture capital. 7. Business Friendliness: Legal and regulatory environment. 8. Access to Capital: Availability of funding for businesses. 9. Education: Strength of K-12 and higher education institutions. Virginia’s top ranking reflects its strength in these categories, especially in workforce quality and infrastructure. Georgia and North Carolina also shine, particularly in business friendliness and access to capital. These rankings are more than just numbers—they’re a roadmap for states looking to attract investment and talent in today’s competitive landscape. How does your state measure up? Dive into the full rankings to find out! https://cnb.cx/4cz4OEK #Business #EconomicDevelopment #Innovation #Workforce

Check out CNBC's latest rankings of business-friendly states. While Pennsylvania didn't grab the top spot (looking at you, Virginia!), there's positive news: our infrastructure is strong, and we rank in the top 10 in technology and innovation. However, let's be honest, there's room for improvement. CNBC highlights our business climate as an area where we can learn from top performers. We need to focus on creating a more streamlined regulatory environment and potentially re-evaluating our tax structure to attract and retain businesses. ️ The good news? Pennsylvania has a lot to offer. Our state has a highly skilled workforce, particularly in key manufacturing sectors, thanks in part to Pittsburgh's top-tier education system. Let's use this ranking as a springboard! By working together to improve the business climate, we can leverage Pennsylvania's strengths and become a powerhouse for businesses of all sizes. #Pennsylvania #Pittsburgh #KeepItMoving

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When selecting a location for their business, corporate real estate executives consider extensive criteria to identify the best place for accessing customers, supply chains, workforce, and partners. The MetroHartford Alliance is a valuable partner that assists companies in gathering the necessary data and information for informed site location decisions. In today’s post-COVID economy, access to talent is a crucial factor. According to the recently released 2024 CNBC America’s Best States for Business report, Connecticut has achieved impressive rankings, securing the #4 spot for education and #9 for quality of life. These accolades underscore the state’s commitment to fostering a skilled workforce and creating a vibrant living environment, making Connecticut an attractive destination for businesses and families alike. With its emphasis on educational excellence and high quality of life, Connecticut continues to position itself as a leader in promoting economic growth and opportunity. Read the full report and rankings at https://lnkd.in/euyKyqTw #connecticut #cnbcrankings #education #qualityoflife

In February we asked some questions for our audience and here were the results: What percentage of time are you able to dedicate to working on the growth of your business? 58% of survey respondents said they dedicate less than 25% of their time to working on the growth of their business. 27% of respondents said they dedicate 51 - 75% of their time to working on business growth. Only 15% of respondents dedicate 76 - 100% of their time to business growth.

The latest CU business survey has local business leaders feeling better about their profits and sales than in mid-2022