Chief Executive magazine ranks New York as the next-to-worst state for business in the opinion of CEOs questioned.
The ninth annual survey of CEO's blamed New York's high taxes, bureaucracy and a regulatory system that is difficult to navigate. The CEOs ranked New York just better than California. Most larger states with strong labor unions faired poorly in the rankings. CEOs liked Texas most for the ninth straight year, followed by Florida, North Carolina, Tennessee and Indiana.
A spokesperson for Governor Cuomo says the state is now at its highest work force size ever.