Ohio Tops CNBC Ranking as Nation's Best Business State
PUBLISHED Jul 9, 2026, 10:23 AM ET
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Columbus, Ohio. CNBC named Ohio the No. 1 state for business in its 2026 "America's Top States for Business" rankings, a first-time top finish announced in early July 2026. State officials including Gov. Mike DeWine, Lt. Gov. Jim Tressel and JobsOhio leaders cited multi-year investments and a rise from No. 5 in 2025 to secure the top position. This week state leaders emphasized the ranking's basis in categories such as Infrastructure and Cost of Doing Business, where CNBC awarded Ohio A+ grades, and credited low business costs, robust power supplies, market access and shovel-ready sites. Local development executives and companies such as Joby Aviation and SNC highlighted regional projects and said the designation could support further recruitment and investment efforts in coming months.
By James Porter | JQJO News
Timeline of Events
- 2007: CNBC ranking program begins; Ohio ranked in mid-range.
- 2010: Ohio placed No. 34 in CNBC rankings.
- 2015: Minnesota last Midwest state to top CNBC list.
- 2025: Ohio reached No. 5 in CNBC's Top States for Business.
- July 2026: CNBC names Ohio No. 1; state and local leaders publicly announce and react.
News Intelligence
- Ohio's top business ranking means more jobs and investment in your community. It could also mean more opportunities for local businesses to grow. Keep an eye out for new developments in your area.
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Ohio state government, JobsOhio, regional economic development organizations, and local businesses gained national recognition likely to attract investment and talent.
Competing states and regions may experience a relative reputational disadvantage while communities not prioritized by development may see fewer immediate benefits.
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Ohio Tops CNBC Ranking as Nation's Best Business State
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