Nebraska No. 14 In CNBC's 2018 'Top States For Business'

13 Jul 2018

Awards and Recognition

This week, financial network CNBC announced the results of its 2018 "America's Top States For Business" study, which considers 66 areas of economic competitiveness. Nebraska continues to be a strong performer, coming in at 14th best overall.  However, this year's ranking is a drop from No. 13 last year; No. 11 in 2016; No. 7 in 2015; and No. 4 in 2014.  According to the State Chamber's analysis, the main reasons for Nebraska's steady drop in recent years are the state's slower economic growth and its challenges with workforce.  Nebraska's economy is currently ranked 37th out of 50, a considerable drop in this category compared to 2008 through 2012 when agricultural prices were booming.  In the area of workforce -- which is CNBC's most heavily weighted category -- Nebraska is tied for 22nd.  Here is how Nebraska fared in all of CNBC's major categories:

  • 2nd best for cost of doing business. (Worth up to 350 points in study.)
  • 3rd best for education. (200 points)
  • 11th best for quality of life. (300 points)
  • 12th best for business friendliness. (150 points)
  • 15th best for cost of living. (50 points)
  • 22nd for workforce. (425 points)
  • 29th for infrastructure. (400 points)
  • 31st for technology and innovation. (225 points)
  • 33rd for access to capital. (100 points)
  • 37th for economy. (300 points)

Content courtesy of Nebraska Chamber of Commerce & Industry.

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