The February 13 Wall Street Journal has an interesting story (“State Recruit Worried Californians”) about how various states are trying to lure individuals, corporate executives, venture capitalists and manufacturing firms away from California during that state’s latest budget crisis.
The article specifically mentions Colorado, Arizona, Nevada, Oregon and Utah.
Indeed, entrepreneurs, investors and business executives might want to take a peek at where California comes in compared to these and other states on SBE Council’s “Small Business Survival Index,” which ranks the states according to their public policy climates for entrepreneurship and small business.
• California: 49th, with only New Jersey and the District of Columbia ranking worse
• Oregon: 32nd
• Utah: 15th
• Arizona: 13th
• Colorado: 10th
• Nevada: 2nd best
Indeed, even prior to the current budget mess, a business in California could move to almost anywhere else in the nation – except New Jersey and the District – and improve the public policy environment in which it operates.
Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council
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