A national location marketing firm has ranked Louisiana as having the nation’s 10th-best business climate and tied for the second best state economic development agency.
The Development Counsellors International report polled 356 corporate executives and site-selection consultants. Louisiana jumped 20 spots from the last time the report was done in 2011 when the state had the 30th-best business climate. That DCI report also had Louisiana Economic Development as the fifth-best state economic development agency.
“The leading economic development organizations identified in this year’s survey set the standard across the country for being ‘best in class’ on so many levels and clearly stand out to site selectors across the country,” said DCI President Andrew Levine.
Texas was ranked as having the best business climate in the nation and the Texas Governor’s Office of Economic Development was tied with LED as the second-best state agency. The Georgia Department of Economic Development topped the rankings. California was ranked as having the least favorable business climate.
Gov. Bobby Jindal noted that since he took office in 2008, Louisiana has had more than $54 billion in new capital investment and added more than 83,000 jobs.