Virginia has been named the number one state for business in CNBC’s 13th annual poll released today. CNBC says its business coverage reaches 410 million homes worldwide.
“Being ranked number one is great publicity for the state,” said Chris Chmura, CEO and Chief Economist at Chmura Economics and Analytics.
Chmura says the state took the title in 2007, 2009 and 2011 but defense cutbacks made the top spot elusive until now.
“The main reason for us moving up was the economy was improved and also workforce is the area we received most of our points. And another area we ranked highly was education.”
Also contributing, Amazon’s new headquarters going up in Northern Virginia and Virginia Tech’s billion dollar campus nearby.
Virginia outranked Texas, North Carolina, Utah, and Washington State in the top five.