Forbes has released a ranking of the American states by overall business climate. The survey uses five metrics, including a "regulatory environment" rank and a "business costs" rank. Utah came in overall at #1, followed by Virginia, which posted a #1 ranking for its regulatory environment. Much-praised Texas is ranked #7, largely because of its strong "economic climate."
Forbes' selection for the state that is worst for business surprised me a bit, but perhaps it makes sense.