Tag Archives: Virginia

Southeast dominates CEOs Top 10

May 9, 2012

For the eighth consecutive year, Texas has been voted the best state for business by Chief Executive magazine.  The Top 10 looks familiar to us, as it constitutes most of the geography in which we have focused our investment efforts for over twenty years now, and adds to the growing list of evidence that some states understand job creation better than others.  The 2012 edition of their annual survey of CEOs … Continue reading

The love of taxes is the root of unhappiness: update

February 3, 2012

The Tax Foundation has issued its 2012 State Business Tax Climate Index, which once again confirms that the love of taxes is the root of unhappiness. We remain… happy.  And happy to report that’s true for our region as well. When confronted with the argument that higher taxes = unhappiness, we wonder, even while remaining sympathetic to the point of view, whether or not it runs vice-versa, or at least … Continue reading

Southeastern cities dominate Forbes Top 10 list

July 10, 2011

Our region took 9 out of the 10 top spots in Forbes’ list of The Next Big Boom Towns in the U.S.  The rankings were done in conjunction with Mark Schill at the Praxis Strategy Group, and are based on job growth, attractive lifestyle, ease of starting a business, and a broad range of demographic factors. We do love Phoenix, but these are several of the cities we and our … Continue reading

Southeast dominates CEOs Top 10

June 2, 2011

For the seventh straight year, Texas has been voted the best state for business by Chief Exectuive magazine. 2011’s edition of their annual survey of CEOs includes an excellent interactive map. The Top 10 looks familiar to us, as it constitutes most of the geography in which we have focused our investment efforts for over twenty years now, and adds to the growing list of evidence that some states understand … Continue reading

Southeast advantage in 25 high growth industries

May 3, 2011

Wells Fargo has released a study entitled “Employment Dynamics and State Competitiveness” which predicts 25 industries will drive employment growth in the next few years, and ranks states according to their likely ability to capitalize on those trends.  As with previous related studies – see here, here, here, here, here, here, here, and here – our region performs very well: The team of economists in their Securities Economics Group credit (among other things) the availability of skilled workers in our … Continue reading

Ranking the Southeast business climate

April 20, 2010

The Chicago Tribune urges Illinois not to become a “New Michigan” or “New California” but instead mimic states such as FL, GA, VA, TN, TX, and NC.  In an April 11 op-ed entitled The Illinois Spiral they reference the third edition of Rich States, Poor States (from the American Legislative Exchange Council) in which our region scores very well: ALEC ranked states’ economic outlook vs. their 10 year (1998-2008) economic performance based … Continue reading

SE states’ debt burdens more favorable

March 31, 2010

The New York Times confirms another reason for the Southeast’s attractive growth potential and why increasing numbers of entrepreneurs are deciding to build their businesses in the region:  lower state debt burdens.  As the attached graph shows, the problem worsens dramatically when one considers many states’ unfunded pension liabilities.  (Click thumbnail for “top” 25 states for debt-to-GDP, “Overloaded with Debts Unseen”.) Not only will such debt levels likely lead to growth-stalling tax increases on the businesses that … Continue reading

The love of taxes is the root of unhappiness

January 13, 2010

A recent study in Science magazine indicates that states with the highest taxes also have the least happy residents.  The Wall Street Journal, reporting on the study, argues that the causation is high taxes = unhappiness.  While we are certainly sympathetic to that point of view, we also have to wonder if it runs vice-versa, or at least cuts both ways:  unhappy people like to raise taxes. We are… happy.  … Continue reading

Good news for startups in our region

November 4, 2009

Forbes reports that the nation’s professional classes continue to move to the Southeast and Texas: Net migration, both before and after the Great Recession, according to analysis by the Praxis Strategy Group, has continued to be strongest to the predominately red states of the South and Intermountain West. This seems true even for those seeking high-end jobs. Between 2006 and 2008, the metropolitan areas that enjoyed the fastest percentage shift … Continue reading

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