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Tennessee rated No. 4 state in which to do business

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By Staff Report 2 min read

TOP STATES FOR BUSINESS1. Texas2. Florida3. North Carolina4. Tennessee5. IndianaSource: Chief Executive magazine (ChiefExecutive.net)

For the ninth year in a row, CEOs rate Texas as the No. 1 state in which to do business.

The Lone Star state benefited by having the best overall tax, regulatory and workforce climate, according to a survey of CEOs released Tuesday.

In its annual rating of the best and worst states for business, Chief Executive magazine ranked Tennessee No. 4 and Georgia No. 10 among the 50 states. The results are based upon a survey of 736 CEOs who rate states based upon regulations, tax policies, workforce quality, educational resources, quality of living and infrastructure.

Tennessee got four out of five stars for its taxation, regulations and living environment, but only three and a half stars for its workforce quality.