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New York Business Ranked Low

Despite the recent TV ads, New York's reputation as one of the worst states for business isn't going away.

New York Business Ranked Low

May 13, 2014
New York (WENY) - Despite the recent TV ads, New York's reputation as one of the worst states for business isn't going away. The Chief Executive magazine has ranked New York as one of the worst for business for the fourth year in a row. New York as the 49th worst state for business behind only California.
     
New York's high taxes, over regulation and political corruption were listed as reasons for the ranking. 500 CEO's participated in the 2014 survey, saying New York needs to be more supportive of businesses, or all the jobs will leave.