Indiana Ranks 2nd Most Competitive State for Business

By Kevin Kitt

Indiana Ranks 2nd Most Competitive State for Business

May 22, 2013 Updated May 22, 2013 at 10:59 AM EDT

INDIANAPOLIS, Ind. (www.incnow.tv) - Indiana was ranked as the most competitive state for business in the Midwest and the second best nationwide in Site Selection magazine's Top 10 Competitive States of 2012.

According to the magazine, the competitiveness ranking evaluates states on their ability to attract investment and corporate entrepreneurs.

"With our low-tax, business-friendly climate, the national spotlight continues to shine on Indiana as a state that works for business," said Victor Smith, Indiana Secretary of Commerce. "This recognition is the latest validation of our efforts to make economic development efforts a top priority, building on Indiana's phenomenal strengths and winning new investment and career opportunities for Hoosiers."

According to the study, this is Indiana's second ranking in less than a month. The economic development efforts have scored a top five finish nationally in both rankings.

Earlier this month, Chief Executive magazine ranked Indiana as the best place to do business in the Midwest and the fifth best nationwide in a survey of more than 500 chief executives.

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