Illinois has the nation’s 16th best business climate, according to Site Selection magazine.
Each year, the magazine rates the states by tallying up manufacturing plant openings and new expansions of other corporate facilities. It also surveys site selectors—the people who help companies decide where to locate—to get their take on state business climates.
In 2010, Illinois finished fifth in the new plant and facilities rankings, up from eighth in 2009. The state finished 21st in the executive survey of overall business climate, and 22nd in overall competitiveness.North Carolina finished first in the magazine’s rankings for the ninth time in the past 10 years. Tennessee, Texas, Virginia and South Carolina rounded out the top five.