Skip to main content

LATEST UPDATES: Racial Justice | Tracking COVID-19 (coronavirus)

Survey: California Business Climate Is Better Than Expected

A recent survey by the non-partisan group Next 10 finds California's business climate may be better than some people say it is.

Pro-business and anti-tax groups have long derided California as a state with an unfriendly business climate. But a recent Next 10 report prepared by Beacon Economics finds that's not the case.

Photo by Steven Puetzer Getty Images


California's business climate gets high marks for job creation when compared to other states in a new survey put together by Beacon Economics.

California does pretty well when it comes to job creation indicators, according to Next 10 founder Noel Perry. When put up against the rest of the country, the state ranks pretty high.

"California tied for fifth in establishment entry rates for new businesses, we tied for fourth in job creation rates from new firm growth, and we ranked fourth in total net job creation," Perry said.

Perry credited the diverse economy that supports a number of vibrant sectors like electronics, life sciences and agriculture.

"I think this diverse economy makes California a good place to do business – notwithstanding the fact that there are higher taxes," Perry said.

The report found California is creating jobs faster than the national average and had a strong environment for job creation in both new and existing businesses.

Next 10 has a website available that allows users to check how California compares in a number of different categories.


San Diego News Matters podcast branding

KPBS' daily news podcast covering local politics, education, health, environment, the border and more. New episodes are ready weekday mornings so you can listen on your morning commute.

  • Don’t have time to keep up on the latest news? We’ve got you covered with a mid-week check-in every Wednesday afternoon.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Photo of Erik Anderson

Erik Anderson
Environment Reporter

opening quote marksclosing quote marksI focus on the environment and all the implications that a changing or challenging environment has for life in Southern California. That includes climate change, endangered species, habitat, urbanization, pollution and many other topics.

Want more KPBS news?
Find us on Twitter and Facebook, or sign up for our newsletters.

To view PDF documents, Download Acrobat Reader.