Virginia is America’s Top State for Business in 2024

What We’re Showing

The top ten U.S. states for business in 2024, compared to their rankings in 2023. This ranking was sourced from CNBC. 

Methodology

To rank America's top states for business, CNBC evaluated all 50 states on 128 metrics across ten categories, including workforce, infrastructure, economy, and technology. Each category's weight reflects its prominence in state economic development marketing.

Key Takeaways

• Virginia is the top state for business. Among the contributing factors is solid infrastructure, with its vast concentration of data centers. The state also has the best education system in the country
• With educated workers continuing to pour into the state, Texas boasts the highest rated workforce in the nation
• Florida’s economy ranked best in the nation for the second year