Oregon has nation’s largest drop in business rating

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Oregon Ranked 42nd For Business — the biggest drop of any state
By Oregon Small Business Association

Oregon is an unfriendly state when it comes to business, according to 650 CEO’s surveyed by ChiefExecutive.net. The survey ranked Oregon No. 42, down 15 spots since 2008, the biggest drop in the survey of all U.S. states.

Respondents indicated Oregon has wasted its competitive advantage with its beauty, natural resources and great work force by replacing it with a State Government that penalizes achievement and success.

One CEO said, “Oregon has taken the approach during the recession that since business and personal tax revenues are down, it is not their job to . . . create easier competitive environment, but instead to increase taxes and regulatory fees to keep government in place.” Another respondent stated in order to operate in a pro-business environment they are moving their headquarters from Oregon to Texas. CEOs ranked Texas the No. 1 place to do business, followed by Florida, North Carolina, Tennessee and Indiana.