Georgia Business Environment receives Top Ranking

Last week, CATO released a report titled “Entrepreneurs and Regulations: Removing State and Local Barriers to New Businesses,” which compares strengths of economies in states with burdensome regulations versus those in less regulated states. Georgia is ranked number one for the lowest regulatory barriers.  “As the top state for doing business for the past eight years – thanks to conservative leadership in the governor’s office and the General Assembly – it is no surprise that Georgia’s business environment continues to receive top marks,” said Governor Kemp. “This report highlights Georgia’s high ranking in ease of starting a business, labor and hiring laws, and licensing laws. Job creation and economic development in Georgia has remained strong throughout the COVID-19 pandemic, and we are building on that momentum thanks to a world-class business environment that encourages investment, innovation, and business creation.”  CATO’s “Entrepreneurs and Regulations: Removing State and Local Barriers to New Businesses” report results reflect the rankings that states receive based on weighted scores in the following categories: small business views of regulations, occupational licensing, other entry barriers, and regulation-created costs. Georgia ranks No. 1.