This entry was posted on Wednesday, August 22nd, 2007 at 9:15 am and is filed under General News, Trends, Economic Development. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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MO Ranks Favorably in Costs for Business
The Milken Institute, a renowned independent economic think tank, released its study of the most expensive and least expensive states for businesses. The Show-Me state shows favorable to business with Missouri coming in as one of the states in the top least-expensive for doing business, ranking at 43 of 50 in total cost index overall.
The study compares state to national costs for employee wages, state tax burden, commerical eletricity costs, industrial rent and office rent to come up with an overall Cost of Doing Business Index. Missouri’s neighbors here in the Four-State Area ranked favorably as well with Kansas at 38, Oklahoma at 40, and Arkansas at 41.
The 2007 Cost-of-Doing-Business Index is sponsored by the California Manufacturers and Technology Association with summaries available for download at the Milken Institute website.