Discover why the United States is the top investment destination (and so is GEORGIA!)
January 16, 2018
Select USA & Georgia.Gov
There is no shortage of reasons why investors choose the United States – from the business-friendly environment and quality of life considerations to specific technology, supply chain, infrastructure and workforce factors. The nation’s diversity and openness are what truly allow businesses from all countries and industries to find their place in the market – and thrive.
FIRST CHOICE FOR INVESTORS
Businesses investing in the United States, regardless of industry, gain competitive advantages from one of the most open markets on the planet.
World’s Largest Market
The United States offers the largest consumer market on earth with a GDP of $18 trillion and 325 million people. Household spending is the highest in the world, accounting for nearly a third of global household consumption. At the same time, free trade agreements with 20 other countries provide enhanced access to hundreds of millions of additional consumers – and the United States continues to work with foreign partners to increase opportunities for U.S. exporters.
Nexus of Innovation
The United States is a recognized leader in research and development (R&D), and registers more international patents than any other country. Today’s innovators are safeguarded by a robust intellectual property protection framework, while the innovators of tomorrow are nurtured at leading universities and incubators across the nation. Companies of all sizes help make innovation in the United States a global enterprise, benefiting from – and contributing to – a flourishing ecosystem for invention and inspiration.
Ease of Doing Business
The United States is consistently ranked among the best internationally for its overall competitiveness and ease of doing business. Backed by a regulatory environment that is particularly conducive to starting and operating a business, U.S. business culture encourages free enterprise and competition. As a stable democracy with a transparent and predictable legal system, all companies – regardless of national origin – compete on an even playing field.
Workforce Talent
The U.S. workforce is diverse, skilled, innovative and mobile – and U.S. workers are among the most productive in the world. Looking to the future, the United States has prioritized collaborative mechanisms with public and private-sector organizations to ensure that the workforce is able to meet the needs of a 21st century economy.
Abundant Resources
As the third largest nation by geography, the United States is home to vast and varied landscapes with abundant natural resources – including petroleum and natural gas. These diverse regions are connected by an expansive infrastructure network and services that help companies efficiently produce and move their products.
Access to Capital
The United States hosts the most developed, liquid, flexible, and efficient financial markets in the world. A wide range of funding sources – from banks and investment firms to venture capitalists and angel investors – enable innovation and expansion, giving companies in the United States an important advantage.
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Why Georgia?
AREA DEVELOPMENT NAMES GEORGIA NO. 1 STATE FOR BUSINESS FOR FOURTH YEAR IN A ROW
We did it again! Georgia has been ranked No. 1 on Area Development’s Top States for Doing Business survey, a distinction Georgia has now earned for the fourth consecutive year.
“We are honored to have received the top state for business ranking from Area Development for the fourth year in a row,” said Georgia Department of Economic Development (GDEcD) Commissioner Pat Wilson. “This ranking is a testament to sound leadership from Governor Deal, the tireless work from our economic development team at the state level, as well as the collaborative efforts with all of our economic development partners in communities across the state, our utility partners, educational assets and beyond. Our culture of collaboration is clear in this ranking, and we look forward to many more years at the top.”
Area Development is a leading executive magazine veering corporate site selection and relocation. The rankings were determined by a survey distributed to site consultants, who ultimately chose Georgia as No. 1.
Georgia ranked No. 1 for workforce development programs, and cooperative and responsive state government.
“The economic development playing field for U.S. states is more competitive than ever. For the fourth consecutive year our 2017 annual survey of active site consultants once again ranked Georgia the top state for doing business,” said Area Development Magazine’s Publisher and President Dennis Shea. “In today’s economy a state that will take the time to understand a company’s unique set of needs, and go above and beyond to deliver solutions is critically important. In two of the most important survey categories Georgia ranked as the leader in workforce development programs and providing ‘cooperative & responsive state government.”
This ranking is a testament to the hard work and commitment from our state economic development team as well as our statewide partners. We are extremely proud to hold this title for another year, and look forward to Georgia’s future in economic development.
View Area Development’s full report on the Top States for Doing Business here.
To read or view the original Select USA article, please click here and you will be directed to the Select USA site.
To read or view the original Georgia.Org article, please click here and you will be directed to the Georgia.Org site.
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