By Mary Ellen Podmolik | The
good news is CEOs don’t think any any less of Illinois’ business
climate than they did a year ago. The bad news is there are only five
states considered to be worse places to do business in than Illinois.
For the second year in a row, Illinois nabbed spot No. 46 on Chief
Executive magazine’s annual ranking of the best and worst states. The
results, derived from a survey of 641 CEOs across the country, looked
at issues like proximity to markets and resources, regulation, tax
policies, workforce quality, educational resources, quality of living
Where did Illinois fall short? CEO’s gave the state low marks for its overall business taxes, sales taxes and unemployment insurance tax.
Texas walked away with the No. 1 ranking, for the fifth consecutive year.
Who did Illinois edge out? The five worst states, in descending order, were Massachusetts, New Jersey, Michigan, New York and, in last place, California.