Tennessee ranks third in CNBC's Best States for Business

Tennessee was ranked third in CNBC’s recent poll of America’s Top States for Business. Tennessee rose from sixth place last year, and moved up in rankings for workforce, infrastructure, cost of doing business, technology and innovation, business friendliness, education, and access to capital. However, the state declined in rankings for life, health and inclusion; economy; and cost of living. Tennessee’s best individual ranking was third in terms of infrastructure while its worst ranking was 43 out of life, health, and inclusion. North Carolina took the top space on the list, the second year at the top of the list for the state, followed by Virginia in second, rising from third last year. States were ranked on 86 metrics in 10 categories by an array of business and policy experts and using data from a variety of sources.