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Alabama is America’s most improved state for business, CNBC says: Here’s why

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CNBC’s annual study measures the 50 states on 128 different metrics in 10 categories of competitiveness.

Hyundai Motor Manufacturing Alabama celebrated the launch of the all-new 2022 Santa Cruz Sport Adventure Vehicle on Tuesday, June 22, 2021.The move to “most improved” comes after the state vaulted from last place to 14th in net migration of college-educated workers in 2022, based on figures from the

CNBC’s new survey ranks the 50 states using 128 different metrics across 10 categories of competitiveness.The survey looked at how states sell themselves to potential corporate citizens. According to the network, each category is weighted based on how frequently individual states use them as selling points in economic development marketing materials.

For workforce, the survey looks at each state’s concentration of science, technology, engineering and math workers and the percentage of workers with college degrees, associate degrees and industry-recognized certificates. We look at which states are most successful in attracting talent at all levels, and at state worker training programs, right to work laws, and worker productivity based on economic output per job.

 

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