Delaware Business Blog

Best States for Business – Delaware Ranks #20 on Forbes List

Statistics are just numbers; it’s what you want to see that really matters.

Here’s what Forbes wants to see:

#20 Best States for Business

#16 in Business Costs
#8 in Labor Supply
#25 in Regulatory Environment
#42 in Economic Climate
#21 in Growth Prospects
#38 in Quality of Life

Delaware’s positive economic outlook is evidenced by the expectation that jobs are going to increase 2% annually and incomes are going to rise 3.2% over the next five years. More than 50% of U.S. publicly traded companies are incorporated in Delaware because of its business-friendly corporate law. The state’s economic and industrial development is closely tied to the Du Pont family, which founded EI du Pont de Nemours, one of the world’s largest chemical companies.

There’s no measure of the legal systems and access to government, both areas where Delaware scores high, if not top marks (9 years in a row, but who’s counting…).

Here’s some great resources that Forbes might have considered when writing this article:

  • Institute for Legal Reform (ILR)
  • The Tax Foundation
  • Delaware Economic Development Officee
  • Greater Newark
  • Delaware State Chamber of Commerce
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