South Carolina’s Rankings Show the Palmetto State Excellent for Business

March 16, 2011

Below is a compilation of recent rankings showing how the state of South Carolina compares to other states. It shows that the Palmetto State is among the best places in the nation to start, relocate or expand a business.

Recent South Carolina Business Climate Rankings
1st – Economic Growth Potential, August 2010 Business Facilities ranking
1st – Health Care Policy Cost Index 2009, Small Business & Entrepreneurship Council
1st – Average state gas prices, August 2010, AAA
2nd – Wind Energy Manufacturing Leaders, August 2010 Business Facilities ranking
3rd – Automotive Manufacturing Strength, August 2010 Business Facilities ranking
3rd – Unionization of total workers, 2009 BLS report (4.5$)
4th – Best Business Climate, August 2010 Business Facilities ranking
4th – Pro-Business Ranking, 2010 Pollina study
4th – Top Destination States/Provinces in North America, 2009 IBM Global Business
Services Report
4th – 2009 Corporate Income Tax rate, Tax Foundation (5.00%)
4th – State Motor Gasoline Tax, 2010 American Petroleum Institute ($0.168/gallon)
(plus #5 ranking for 2009)
4th – State Motor Diesel Tax, 2010 American Petroleum Institute ($0.168/gallon)
5th – Workforce, 2010 CNBC “Top States for Business” rankings
6th – Cost of Business, 2010 CBNC “Top States for Business” rankings
7th – Small Business Survival Index 2009, Small Business & Entrepreneurship Council
8th – Transportation capabilities, 2010 CNBC “Top States for Business” rankings
9th – Corporate Income Tax Index Rank, 2010 Tax Foundation report
9th – Alternative Energy Industry Leaders, August 2010 Business Facilities ranking