The survey ranked each state based on a number of categories ranging from Cost of Doing Business (California ranked #49) to Access to Capital (California ranked #1).
Some more interesting information regarding our great state:
- California's projected Budget Gap ($53.7 Billion) is far and away the largest in the nation
- Our unemployment rate (11.6%) is the 5th highest in the nation
- The $11 Billion of Federal Stimulus funds that have been paid out to California is the most paid out to any state (in fact the next closest state is New York, with just over $5 Billion)
Bragging rights for the best state for business goes to Virgina, and the worst state for business in the nation... Alaska.
