This story is free to read.

Tennessee and Georgia rank in top states for economic development

double exposure image of coin stacks on technology financial graph background. tax taxes growth economy state economics tax tile money / Getty Images double exposure image of coin stacks on technology financial graph background. tax taxes growth economy state economics tax tile money / Getty Images

By Staff Report May 3, 2021 1 min read

Site Selection magazine awards its annual Prosperity Cup awards to the most competitive states based on an index of 10 criteria, including the number of projects, capital expenditures and job creation.

1. North Carolina

2. Georgia

3. Texas

4. Ohio

5. Indiana

6. Kentucky

7. South Carolina

8. Arizona

9. Tennessee

10. Michigan

Source: Site Selection, May 2021 based upon data from the Tax Foundation, ACT and Beacon Hill Institute. North Carolina rose to No. 1 on the strength of its life sciences sector and a just-announced $1 billion campus planned by Apple.

– Compiled by Dave Flessner