Thursday, Apr. 11, 2024
Is Oklahoma ranked the most business-friendly state?
According to rankings from US News, Forbes, the World Economic Forum, CNBC, WalletHub, and the Tax Foundation, Oklahoma does not rank in the top 10 of states that are best for business.
Various outlets constructed their 2023 rankings based on diverse metrics such as economic strength, tax policies, workforce availability, cost of doing business, legal and regulatory frameworks, and business growth trends. Across these studies, Oklahoma ranked at an average position of 27th.
This fact brief is responsive to conversations such as this one.
Sources
- US News Rankings: Business Environment
- Forbes Advisor Ranked: The Best States To Start a Business In 2024
- World Economic Forum Which are America's best states for business?
- CNBC America’s Top States for Business 2023: The full rankings
- WalletHub Best & Worst States to Start a Business (2024)
- Tax Foundation 2024 State Business Tax Climate Index
About fact briefs
Fact briefs are bite-sized, well-sourced explanations that offer clear "yes" or "no" answers to questions, confusions, and unsupported claims circulating online. They rely on publicly available data and documents, often from the original source. Fact briefs are written and published by Gigafact contributor publications.
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Oklahoma Watch is a nonprofit, tax-exempt, 501(c)(3) corporation that produces in-depth and investigative journalism as a public service for the benefit of all Oklahomans. Through investigative, fact-driven journalism, we dig deep and examine significant issues facing our state. Our work engages all Oklahomans, amplifies the discussion of important issues and leads to change. We help develop the journalists and journalism of the future.
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