New Hampshire Tops Northeast in Chief Executive Magazine's 2024 CEO Survey of Best and Worst States for Business
Thursday, May 2, 2024
NASHVILLE, Tenn., April 24, 2024 /PRNewswire/ -- CEOs surveyed for Chief Executive magazine's annual list of the Best and Worst States for Business ranked New Hampshire as the top Northeastern state and the 24th-best state for business overall, moving up four spots from its location last year. The rankings, released in the Spring issue of Chief Executive, reflect New Hampshire's ongoing efforts to invest in their local economy.
The ranking is based on a survey of more than 500 CEOs across the country who were asked to rate states based on their opinion of how easy it was to do business in that state versus others. New Hampshire's favorable ranking is due in part to record exports and new factory development.
"New Hampshire offers a competitive advantage to companies looking to establish or expand their presence in the region," says Chris Chalk, Publisher, Chief Executive magazine. "With no state income tax, a low overall tax burden and a highly educated workforce, the state is an ideal choice for businesses looking to succeed and grow."
The Granite State may be small, but it's making a big name on the global stage. New Hampshire's exports surpassed $7 billion in 2022, a record and $1 billion more than in 2021. A large portion of this was driven by electrical machinery, which is the state's top export. State officials credit the success to the "pro-business, pro-worker agenda" and the hard work local companies have done securing new global markets during the disruption from the pandemic.
Here's what some of the CEOs we surveyed had to say about why they ranked New Hampshire so highly:
"These states are income tax free which results in lower cost of operations due to lower labor costs. They also are lower regulation states which makes the cost and ease of doing business there more attractive. Because low tax states attract workers, the labor pool is growing which makes staffing easier."
"New Hampshire is great with reasonable rules and red tape is easy because you can talk with real people."
The Top 5 States for 2024:
1. Texas
2. Florida
3. Tennessee
4. Arizona
5. North Carolina
The Bottom 5 States for 2024:
46. Washington
47. New Jersey
48. Illinois
49. New York
50. California
Biggest Gain, 2023-24:
North Dakota, + 13 to 16th place
Biggest Loss, 2023-24:
Colorado, - 16 to 29th place
Enhanced Coverage online: https://chiefexecutive.net/best-worst-states-business/
About Chief Executive/Chief Executive Group
Chief Executive Group, a leading community for business leaders worldwide, exists to improve the performance of U.S. CEOs, CFOs, CIOs, CHROs and corporate directors. We publish Chief Executive magazine, ChiefExecutive.net, Corporate Board Member magazine, BoardMember.com, StrategicCFO360.com, StrategicCIO360.com and StrategicCHRO360.com, and run some of the nation's most essential peer-networking communities, including The CFO Leadership Council, Chief and Senior Executive Networks, Corporate Board Member Network and The American College of Corporate Directors. Learn more at ChiefExecutiveGroup.com.
For media inquiries, please contact:
Dan Bigman, Editor, Chief Executive, 203-889-4980, 376650@email4pr.com
View original content:https://www.prnewswire.com/news-releases/new-hampshire-tops-northeast-in-chief-executive-magazines-2024-ceo-survey-of-best-and-worst-states-for-business-302125671.html
SOURCE Chief Executive Group
|
|
|
|
|
 |
The New Identity Theft Crisis: AI Scams, Child Victims, and Credit Damage Are All Spiking | Jan 22, 2026
|
|
AllSci Launches Hypothesis Publishing: A Seamless Way to Share, Connect, and Advance Scientific Ideas | Jan 22, 2026
|
|
Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures | Jan 22, 2026
|
|
Darwin CX Caps a Banner Year with AI Launch, Sold-Out Events, and Industry Book Launch | Jan 22, 2026
|
|
Fintech Startup BON Credit Secures $3.5 Million In Funding | Jan 22, 2026
|
|
PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses | Jan 22, 2026
|
|
Nudge Security Unveils Industry's Most Comprehensive AI Security Governance Platform | Jan 22, 2026
|
|
IoTeX Publishes MiCA-Compliant Whitepaper for IOTX, Enabling EU-Wide Alignment Under the New Regulatory Framework | Jan 22, 2026
|
|
Gametime Launches "12 Days of Gametime" Holiday Giveaway in Partnership with Barstool Sports | Jan 22, 2026
|
|
TSX Venture Exchange Market Data Now Available Across Over 40 Blockchains via Chainlink | Jan 22, 2026
|
|
|
