This battle in the Missouri-Kansas “border war” goes to the Sunflower State. Kansas has improved in the eyes of CEOs, while Missouri has fallen off relative to other states, according to a new ranking of the “Best & Worst States for Businesses” by Chief Executive magazine.
The rankings were compiled based on 736 chief executives’ responses to a survey that covered topics including taxation and regulation, quality of workforce and living environment.
Kansas ranks 19th among the 50 states, up from No. 23 last year. That ties Kansas for the fourth-largest jump in the rankings. The Sunflower State received three and a half stars out of five for taxation and regulation, workforce quality and living environment. The state’s recent income tax cuts earned positive reviews.
Meanwhile, Missouri fell seven spots, from No. 24 to 31. The tumble was tied for the third-largest by any state. The Show-Me State earned three stars for taxation and regulation, workforce and living environment. The study noted that Missouri “hasn’t done enough to spiff up for business” but that the state’s consideration of so-called “right-to-work” legislation helps.
The top five in the Chief Executive rankings were unchanged from last year: Texas was first, followed by Florida, North Carolina, Tennessee and Indiana. The bottom four also held steady, with Massachusetts, Illinois, New York and California occupying spots 47-50.