Top States For Business 2025. News & world report’s best states rankings for a second straight year, with the beehive state landing among the top 20 in seven out of eight. New york and south carolina had the same score, tying for 36th, connecticut and nevada tied for 39th, and hawaii.

Here are the full rankings: 5 best state for business growth is michigan, which experienced a business growth rate of 9.8%.