Ranking: Iowa #2 best cost of doing business

August 9, 2017

Ranking: Iowa #2 best cost of doing business

Iowa has the second best cost of doing business of any state according to Business Facilities’ annual rankings. The magazine also noted the importance of the state’s manufacturing industry, ranking Iowa fourth among all states for percentage of workforce in manufacturing.

In sustainability, the rankings recognized the Hawkeye State for its leadership in affordable wind energy, placing the state second in installed capacity and fifth for lowest industrial electricity rates.

Although Iowa is ranked second for installed capacity, according to the U.S. Energy Information Administration, Iowa is first in the percentage of the state’s electricity that comes from wind. Also, Iowa is the easiest location for companies to buy renewable energy.

Interested in seeing more ways Iowa stacks up against other states as a place to do business? Check out the 50-state comparison tool.

 

 

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Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.725.3000
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