Florida 11th best for business, CNBC report says

Florida is the 11th best state for doing business, according to a recent study by CNBC. North Carolina is No. 1 and Mississippi is ranked last.

Each state was scored on 88 metrics across a range of categories, including: workforce; infrastructure; cost of doing business; economy; life, health and inclusion; technology and innovation; and business friendliness. CNBC used a wide variety of government and other data to do its analysis. (Click here to see the methodology.)

Pulling down Florida in rank were a D- grade in "business friendliness" and an F in "life, health and inclusion," which measures how "states and companies grapple with the culture wars."

The workforce category carried the most weight in the 2022 rankings, CNBC said, because so many employers are having a tough time retaining and recruiting workers. Meantime, rebuilding the domestic supply chain made infrastructure the second most-prominent category while worries about inflation put the cost of doing business into the third spot.

After all data was analyzed, the following states came out on the top and bottom of the list. CNBC has been conducting its America’s Top States for Business analysis since 2007. For more information, click here.

Best States
1. North Carolina
2. Washington
3. Virginia
4. Colorado
5. Texas
6. Tennessee
7. Nebraska
8. Utah
9. Minnesota
10. Georgia
11. Florida
12. Iowa
13. North Dakota
14. Indiana
15. Ohio

Worst States
50. Mississippi
49. Alaska
48. Louisiana
47. New Mexico
46. Hawaii
45. Rhode Island
44. West Virginia
43. Maine
42. New Jersey
41. Arkansas
39. Nevada and Connecticut*

*Note: CNBC did not include a state in the No. 40 spot in its rankings, ranking both Nevada and Connecticut 39th.