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Coffee Talk
Business Observer Friday, Oct. 2, 2009 12 years ago

Florida's business rep takes another hit

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Here's another news bulletin Gov. Charlie Crist probably won't turn into a Crist for U.S. Senate press release: Florida dropped 10 spots on Forbes magazine's “Best States for Business” list.

Here's another news bulletin Gov. Charlie Crist probably won't turn into a Crist for U.S. Senate press release: Florida dropped 10 spots on Forbes magazine's “Best States for Business” list.

When the list was last published in 2006, Florida ranked eighth, behind such states as Georgia, North Carolina and Virginia, which tend to always rank high on pro-business lists. But this year, Florida has dropped from top 10 to mediocrity, behind states such as Montana, Iowa and Kansas.

The magazine looks at six categories in coming up with its rankings: Business costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life. The survey looks at 33 data points in those categories from nine sources.

Florida's ranking in two of the categories stand out to Coffee Talk: The state ranked 36th in the cost of doing business and 25th in regulatory environment. It's yet another message to government that the best thing it can do for businesses is to stop getting in the way of businesses doing business.

Florida wasn't the only state to drop in the rankings. Once fast-growing states such as Nevada and Arizona also fell at least 10 spots.

But here's something that should make Florida government-types nervous. Several states infamously known for an anti-business climate — California, Pennsylvania and New York, to name three — moved up in the rankings.

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