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Groups rank Utah No. 1 pro-business state for 2012
Study » Rating based on incentive and development efforts.
First Published Aug 23 2012 08:15 am • Last Updated Nov 30 2012 11:33 pm

The independent research firm Pollina Corporate Real Estate has put Utah on the top of its list of the Ten Pro-Business States for 2012.

Utah’s No. 1 ranking comes after three consecutive years at the second spot on the list.

At a glance

2012 Top 10 Pro-Business States

1. Utah

2. Virginia

3. Wyoming

4. North Dakota

5. Indiana

6. Nebraska

7. South Dakota

8. Kansas

9. Missouri

10. Oklahoma

Source: Pollina Corporate Real Estate

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"Our tradition of responsible fiscal management, low taxes and a strong workforce have fueled Utah’s predictable and stable business-friendly environment," Gov. Gary Herbert said in a statement announcing Utah’s top ranking on the Pollina list.

The annual Pollina Top 10 study was co-published with the American Economic Development Institute, a nonpartisan public policy and economics research group. The annual report analyzes a state’s pro-business environment across 32 individual measures that state governments control, including taxation, human resources, economic incentive programs and state economic development efforts.

"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 and co-author of the study.

He said Utah is the first state west of the Mississippi to rank No. 1, affirming its role as a regional leader in several key areas of economic development, innovation and entrepreneurship.

At the same time, Utah has positioned itself as a leader in export growth, in part as a result of the collaboration between private sector exporting companies and the state’s commitment to growing Utah’s presence in the international marketplace, he said.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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