CNBC ranks Va as 4th top state in nation for business, upgraded from 2017 list


RICHMOND, Va. (WSET) -- CNBC has ranked Virginia as the fourth top state in the nation for doing business.

This ranking comes after the Commonwealth placed seventh in 2017.

“This upgraded ranking affirms our move to make 21st-century workforce development a cabinet-level priority and our bipartisan agreement to streamline regulatory requirements facing hard-working Virginians," Governor Northam said.

CNBC scores all states on their business competitiveness each year.

There are 10 major categories based on an analysis of the state's economic plans.

The top three categories for 2018 were Workforce, Infrastructure and Cost of Doing Business.

The full ranking list can be found here.

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