Businesses Attracted to Georgia, but Other States Lure More
Press release from the issuing company
Monday, November 15th, 2010
Despite a tough economic climate, Georgia last year saw a 2 percent increase in the number of companies coming to the state, along with an 11 percent rise in the number of jobs promised.
Georgia ranks sixth in overall business climate, according to this month’s Site Selection magazine, which tracks the competition among the states. Every state wants economic development, usually aiming for a mix of home-grown expansions and move-in businesses. But they must pay a price for that development. Getting into the contest means ponying up — money for marketing, for improvements to local infrastructure, for tax breaks.
