After spending three years as the second most pro-business state in the U.S., Utah has snagged the top spot in the Pollina Corporate Real Estate’s list of the Top Ten Pro-Business States for 2012.
“Utah is a great example of what enlightened and motivated political leadership can accomplish with a solid plan,” said Brent Pollina, vice president of Pollina Corporate Real Estate and co-author of the study.
With Utah also leading the troupe in international export growth, this recognition only solidifies the fact that Utah is one of the states best poised for future economic growth.
“Utah first broke into Pollina’s Top Ten study several years ago. Governor Herbert’s leadership has fostered the success that has elevated Utah to its #1 ranking,” said Spencer Eccles, executive director of the Governor’s Office of Economic Development. “Utah maintains a strong public-private collaboration, budgetary discipline and a commitment to an ongoing talent pipeline.”
Considered the “brightest star” by MarketWatch, Utah is the first state west of the Mississippi River to earn the number one spot. This secures the Beehive State’s role as the “Crossroads of the West” and leader of the region. Pollina’s research realizes that Utah’s success is largely attributed to having exemplary pro-business policies, low business tax rates and a talented workforce available. The authors of Pollina’s Top Ten study say Utah is the guiding example for not only other states, but for the federal government as well.
The Salt Lake Chamber supports pro-business policies on Capitol Hill, as well as job growth and education, all of which contribute to economic stability. The Chamber has implemented the Utah Jobs Agenda, a private sector 10-point plan to create 150,000 jobs in five years, and also helped launch Prosperity 2020, a business-led, multi-year movement to improve education throughout the state.