As Forbes ... the national business magazine ... says, “No state can match the consistent performance of Utah. It is the only state that ranks among the top 15 states in each of the six main categories we rate the states on.”
Those six categories are:
Utah has become an attractive lower-cost alternative to California for high-tech companies. With companies such as Adobe Systems, eBay, Oracle, and Electronic Arts all coming to Utah in recent years.
And the story isn't expected to end any time soon. Moody's projects job growth to be 2.4% annually through 2015.
The study factored in 37 points of data to provide a ranking in the six main areas. Business costs ... including labor, energy, and taxes ... were most heavily weighted. A variety of data sources were used with Moody’s being the most prominent one.