Ohio Moves up 24 Spots in Forbes Annual Ranking of Best States for Business
In its annual ranking of Best States for Business, Forbes placed Ohio at #14 on its list, a jump of more than 20 spots from 2016. Forbes cited Ohio’s low business costs and improved economy. In addition, Forbes ranked Ohio #2 in its quality of life metric thanks to the state’s low cost of living, short commutes and a plethora of top-rate colleges and cultural and recreational opportunities.
Centrally located between New York City, Chicago and Toronto, Ohio affords quick market access to more than half of North America, including Canada. Nearly 50% of the U.S. population is within 500 miles/805 km of Northeast Ohio and approximately 60% of all U.S. Fortune 500 headquarters are within a day’s drive of the region. These are just some of the reasons why so many businesses choose to call Northeast Ohio home. To learn more about the benefits of doing business in Northeast Ohio, visit our Why Cleveland Plus page. If you’re interested in learning more about companies that recently expanded or located to the region, check out our Company Announcements Database.
View the complete ranking from Forbes here.