Indiana was ranked as the best place to do business in the Midwest and sixth best nationwide in a survey of more than 500 chief executives by Chief Executive magazine.
The Indiana Economic Development Corp. said Tuesday the magazine's seventh annual Best and Worst States survey asked CEOs to evaluate states based on their business tax policies, regulation, work force quality and livability factors. Indiana ranked 16th overall in 2010, according to a news release.
"This ranking is a validation of the work that Gov. (Mitch) Daniels and the General Assembly are doing to make Indiana the best possible place to do business," said Mitch Roob, secretary of commerce and CEO of the Indiana Economic Development Corp.
"Amazon's major investment announcement this week tells us that above all else, business climate matters and the pay-off for Hoosiers is new jobs and investment."
Executives surveyed placed Michigan at No. 46 on the list and Illinois at No. 48. Texas, North Carolina and Florida were ranked as the top three states.
A Greenwich, Conn.-based Chief Executive Group LLC publishes Chief Executive magazine bi-monthly.
Survey results can be found at http://chiefexecutive.net/best-worst-states-for-business.