Ohio has been named America's Top State for Business in 2026 by CNBC, marking the first time the state has achieved the number one ranking. Governor Mike DeWine joined CNBC's Scott Cohn in Columbus for the announcement, highlighting the state's significant economic progress.
CNBC attributed Ohio's top spot to its low business costs, robust infrastructure, extensive market access, abundant electrical power, and a strong inventory of shovel-ready sites. The report also noted Ohio's housing costs as among the most affordable nationwide, contributing to its appeal for businesses and residents alike.
Governor DeWine emphasized the ranking as proof that "Ohio is the best place in America for business and all that comes along with it, including jobs, quality of life, and opportunities for everyone to live up to their God-given potential.” He noted the state's steady climb from 34th in 2010 to 1st in 2026, attributing this success to long-term investments made during his administration, such as cleaning up contaminated properties, establishing the All Ohio Future Fund for economic development sites, and protecting water sources through the H2Ohio initiative.
Further initiatives include achieving Triple-A bond ratings, a comprehensive education strategy from early childhood through career-technical education, and the launch of WorkOhio to connect job seekers with opportunities. Lt. Governor Jim Tressel, who leads Ohio's workforce development strategy, said, “Opportunities are everywhere in Ohio right now! We have so many innovative workforce development programs that create talent pipelines that align with real employer demand.”
This recognition is supported by a series of historic economic development projects, including Intel's semiconductor investment in Licking County, Anduril Industries' Arsenal-1 manufacturing campus in Pickaway County, Joby Aviation's advanced air mobility site, and the LG Energy Solution-Honda battery plant. JobsOhio President and CEO J.P. Nauseef credited "Team Ohio" for the collaborative effort, while Ohio Department of Development Director Lydia Mihalik added, “Ohio offers low cost of doing business, low cost of living, and an exceptional quality of life.”