Tennessee has the eighth best business climate in the country, according to Site Selection magazine’s 2012 rankings of the most business-friendly states.
That’s unchanged from a year ago. In 2010, Tennessee ranked second on the magazine’s rating.
North Carolina captured the top spot on this year’s rankings, which were released today.
The annual Top Business Climate rankings are based on tax burden criteria, new and expanded business activity and a survey of corporate site selectors.