Saturday, June 28, 2014

West Virginia 48th in nation for businesses

West Virginia is No. 48 among the 50 states when it comes to attracting businesses, according to CNBC.

Only Rhode Island, the smallest state, at No. 50 and Hawaii, the happiest state, at No. 49, are worse, CNBC decided.

The assessment of West Virginia:

West Virginia is mired at 48th, its same ranking as last year. The Mountain State finishes last for Business Friendliness, tied for last in Access to Capital, and 48th for Technology and Innovation. Some in the state are recognizing the need to change. A coalition of charities, government and educational institutions has launched "What's Next, West Virginia," aimed, the group says, at "building stronger local economies." But the initiative—and even its website—are barely off the ground.”

I guess all those decades of coal and lumber barons plundering West Virginia to buy more yachts in far-off places where they lived paid off, after all – for them.

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