A magazine that evaluates states for attracting business investment and jobs ranks Louisiana sixth in the US for its business climate.
Louisiana's rise to No. 6 in the Site Selection 2013 Top US Business Climates is the state's highest-ever placement. Gov. Bobby Jindal hailed the continued rise in the state's business climate.
"For decades, Louisiana was losing jobs and our people because we did not have a good business environment," Jindal said in a news release. "Companies were fleeing our state because of high taxes, and other companies didn't give us a second look because our state was too corrupt. We set out to reverse that trend more than five years ago by eliminating taxes that stifled growth, reining in government spending, overhauling governmental ethics laws, revamping workforce training programs, and providing more educational opportunities for families. Thanks in part to these reforms, we have more jobs in Louisiana than at any point in our state's history. Indeed, this latest ranking confirms that we are on the right path to create more opportunities for our people."
This marked the fourth year Louisiana made the top 10. Last year, the state was ranked No. 7. Just four years ago, Louisiana ranked No. 25.
According to the governor's office, there have been more than 83,000 new jobs, more than $54 million in new investment and hundreds of millions of dollars in new sales for businesses in the state since 2008.