Columbus, Ohio, July 10, 2025 (GLOBE NEWSWIRE) — Ohio has climbed from #7 in 2024 to #5 in 2025 in CNBC’s annual “America’s Top States for Business” rankings, continuing a three-year ascent that began with a jump to #12 in 2023. This performance marks Ohio’s highest ranking since the index launched in 2007. Among the states CNBC ranked as the Top 5 States for Business overall, Ohio has the best infrastructure, the lowest cost of doing business and the lowest cost of living.
Though the fundamentals of the study remain unchanged, CNBC weighted Economy (17.8%) and Infrastructure (16.2%) more heavily than any other factors this year. Ohio’s balanced budget, diversified GDP growth, abundant low-cost energy, and large-scale computing power helped the state capitalize on the new scoring criteria.
“From construction-ready sites and reliable energy to the ingenuity and hard work of our people, Ohio provides companies with unmatched confidence in our investment environment when they are looking to grow,” said Governor Mike DeWine. “As we keep taxes low, cut red tape, and invest in the nation’s top infrastructure, it’s no surprise that Ohio outranks most of the country as a top state for business.”
“Companies need talent, and talent needs affordability,” said Ohio Lt. Governor Jim Tressel. “By reducing the cost of business and keeping the cost of living low, Ohio is showing the nation how to grow an economy that works for everyone.”
Why Ohio is a Top 5 State for Business:
- INFRASTRUCTURE: CNBC ranking moves Ohio to #1 from #13 in 2024
- Ohio has the fourth largest interstate highway system in the nation, the fourth largest network of operating railroads, and the fifth highest state in the nation in warehousing and storage services. The state also invests heavily in preparing industry-ready sites through the All Ohio Future Fund and JobsOhio’s Site Inventory Program. These locations provide robust, reliable access to power and water, are located in regions …