The 10 best states for business growth

Georgia is the best state for business growth in 2023, according to new research from business consulting firm Venture Smarter. 

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The ranking, shared with Becker’s on Aug. 22, is based on data from the Bureau of Labor Statistics analyzing business growth rates in every state based on the number of establishments in December 2021 compared to December 2022.

The 10 best states for business growth and their annual growth rate: 

1. Georgia: 13.5 percent 

2. Virginia: 10.5 percent 

3. Arizona: 10.4 percent 

4 (tie). Montana: 10.2 percent 

4 (tie). Vermont: 10.2 percent 

6. Michigan: 9.8 percent 

7. South Carolina: 9.6 percent 

8. North Carolina: 9.2 percent 

9 (tie). Colorado: 9.1 percent 

9 (tie). Hawaii: 9.1 percent 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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