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Utah Travel Headlines

Tuesday, August 10, 2010

Pollina Report Says Utah Is 2nd Most Business Friendly State In US

In the annual study of job retention and creation by the 50 states and the federal government, the annual Pollina Report emphasizes, “The effort to make America more business-friendly must come from all levels of government. Many states are doing such a poor job of creating a pro-business environment that they can’t even come close to competing with each other, much less compete globally.”

“There are, however, states that serve as a model for the rest of the country. Brent Pollina, Vice President of Park Ridge, Illinois-based Pollina Corporate Real Estate and author of this year’s study, names Virginia as “America’s most pro-business state” followed closely by Utah, Wyoming, South Carolina, and North Carolina,. For the seventh consecutive year, California ranked dead last.”

The study evaluates and ranks states based on 31 factors including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentive programs and state economic development efforts.

See the Pollian website for more information about the report.

Fox 13 News has this news report about the Pollian study. Below are excerpts.

It is the latest in a string of good news reports about Utah's business climate. Business Facilities Magazine ranked Utah in the top 10 for quality of life, tax structure, and business climate.

Recently, Utah has landed some big corporations. Twitter, Adabe and the Outdoor Retailers Trade Show announced they were moving in or expanding. But state officials are quick to point out they are not throwing cash at these companies to bring them in. The state touts its younger, higher tech workforce and business friendly tax codes.

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