CNBC: West Virginia Ranks 50th

Locked In An “Economic Death Spiral”
Opinion
By CNBC

West Virginia ranks number 50 in CNBC’s 2017 “Scorecard on economic climate.”

“We score all 50 states on more than 60 measures of competitiveness, developed with input from a broad and diverse array of business and policy experts, official government sources, the CNBC Global CFO CouncilYPO and the states themselves,” reports CNBC. “States receive points based on their rankings in each metric. Then we separate those metrics into 10 broad categories, weighted based on how frequently each is used as a selling point in state economic development marketing materials. That way, our study ranks the states based on the criteria they use to sell themselves. This year some states were tied.”

“The West Virginia Legislature keeps twiddling their thumbs while our state continues to stay locked in an ‘economic death spiral.’” says Governor James C. Justice, II. ” The Legislature allowed West Virginia to sink even further down the list of worst states for business because they completely failed to adopt my vision of change. The state Legislature has cost us thousands of job opportunities and further damaged our reputation.”

To read CNBC’s report, please click here.