Indiana Among Forbes' 10 Best For Business

Posted: Updated:
This year marks the first time Indiana ranked in the top 10 in the Forbes list. This year marks the first time Indiana ranked in the top 10 in the Forbes list.
INDIANAPOLIS -

Indiana's business climate is in the top 10 in Forbes' annual Best States for Business Ranking for the first time. The publication evaluates the states in categories including quality of life, business costs, regulation and labor supply.

This year marks the first time Indiana ranked in the top 10 in the Forbes list. The state was 15th last year. The publication also ranked Indiana second in the United States for its regulatory environment and sixth for quality of life.

The top 10 are:

1. Utah
2. North Carolina
3. Nebraska
4. North Dakota
5. Colorado
6. Texas
7. Virginia
8. Indiana
9. South Dakota
10. Washington

You can see the full article by clicking here.

Indiana reached and passed its all-time record for private sector employment over the summer. The state's unemployment rate stands at an eight-year low of 4.5 percent. The Indiana Economic Development Corp. says, so far this year, nearly 300 companies have committed to creating nearly 24,000 jobs.

The designation marks the latest bit of recognition for Indiana. Earlier this year, Indiana was ranked as the best state in the nation for small business growth by The Pacific Research Institute. Chief Executive magazine this year named the state the best in the Midwest and sixth-best in the nation for doing business. Also this year, CNBC ranked Indiana best in the nation for cost of doing business and eighth for its overall economy as part of its annual business scorecard.

  • Perspectives

    • We’re Having the Wrong Conversations About Safety

      Every time there’s a shooting at a school or a workplace, the arguments begin. We need more police officers stationed in the buildings. We need to arm teachers or encourage employees to carry handguns. We should invest in smokescreen systems or bulletproof partitions. Everyone should hide from the shooter. Everyone should run from the shooter. Everyone should confront the shooter. It’s healthy that we’re discussing safety, but unfortunately, we’re talking...

    More
  • Most Popular Stories

    • Forbes Ranks Top Colleges; 3 Indiana Schools Make the Cut

      Forbes released its 12th annual ranking of America’s Top Colleges based on direct benefits a university or college provides its students. Several Indiana universities made the list in some “sub-categories”, like Grateful Graduates Index, but the University of Notre Dame was the only school in the state to break the top 20 overall rankings.

    • Butler Unveils New Building for Lacy School

      The president of Butler University says the new building for the Lacy School of Business will create better engagement for students and faculty. The university unveiled the building Wednesday on the Indianapolis campus. James Danko says the new facility adds five times the classroom space and square footage for the school, which previously didn't have enough space for half of its classes. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, Danko called...

    • West Lafayette Center Breaks Ground

      West Lafayette city officials this week broke ground on the $31.5 million West Lafayette Wellness and Aquatic Center at Cumberland Park. Plans for the 72,000-square-foot project feature a natatorium, three gymnasiums, exercise machines, free weights and community rooms. 

    • Photo courtesy of Portillo's

      Portillo's to Open Fort Wayne Location

      Portillo's Restaurant has announced it will open a new 7,800-square-foot restaurant in Fort Wayne. The location will be near the Glenbrook Square Mall and is slated to open in late 2019. 

    • Opportunity Zones: Changing the Course of Real Estate Investment

      The economic divide in large cities continues to expand. Despite a financial resurgence following the 2007-2009 recession, the system wasn’t fixing itself. Enter Qualified Opportunity Zones (QOZ), a program included in the Tax Cuts and Jobs Act of 2017 designed to boost development in economically distressed communities. In exchange for new investments in these communities, investors receive preferential tax treatment. As traditional as it sounds, the QOZ program is...