ARIZONA ADVANTAGES
Across the world, Arizona is regarded as one of America’s best states for business due to its favorable economic conditions, strategic initiatives and diverse industries. Its highly skilled workforce and access to international markets make it an even more compelling choice for businesses.
The State of Arizona also boasts a robust infrastructure and a commitment to fostering innovation and technology growth.
Where Business Thrives: Arizona’s Competitive Standing
Arizona has long been a top state for business, and maintains its leading position as evidenced by its top rankings in CEO and prestigious business magazines, as presented below.
Mountain States Rankings
by Total Projects
Source: Site Selection, 2024 Governor’s Cups Rankings, March 2025.
Industrial
Development
Source: Business Facilities, Arizona Attracts Record Investments, April 11, 2024.
Semiconductors /
Batteries / Aerospace
Source: Business Facilities, Doing Business in Arizona, July/August 2024.
Semiconductors,
Advanced Manufacturing
Source: Business Facilities, 19th Annual Rankings Report, June 4, 2024.
10 Best States for
Business Growth
Source: Forbes, 10 Best States for Business Growth, August 28, 2023.
Best States
to Start a Business
Source: WalletHub, Best & Worst States to Start a Business, January 20, 2025.
Best and Worst States
for Business
Source: Chief Executive, 2025 Best and Worst States for Business, April 28, 2025.
America’s Top States
for Business
Source: CNBC, 2023 America’s Top States for Business, July 11, 2023.
Visit the Business Climate page to learn more about how Arizona promotes economic and business prosperity.