Pennsylvania Recognized for Business Ranking Improvement after Advances in Business Development and Education

July 12, 2017

Harrisburg, PA – Governor Tom Wolf announced today that Pennsylvania has earned national recognition on the state’s economic climate, jumping 10 spots overall from the year prior, most notably earning recognition for the commonwealth’s advancements in education.

“Working with the legislature, over the last few years I have prioritized and secured historic increases at all levels of education and Pennsylvania’s rankings underscore the importance of the significant advancements we’ve made in education,” said Governor Wolf. “Businesses are looking for an educated workforce to draw from and a location that offers its employees a great place to educate their children, and we are doing just that in the commonwealth.”

Pennsylvania rose 10 spots overall in CNBC’s America’s Top State for Business 2017, with the significant advancements in categories of Education, Technology and Innovation, and Business Friendliness.

The commonwealth earned the following rankings for 2017:

  • No. 23 overall, increasing 10 spots from 2016
  • No. 10 in Education, increasing 11 spots from 2016
  • No. 10 in Technology and Innovation, increasing two spots from 2016
  • No. 5 in Access to Capital, increasing seven spots from 2016
  • Additionally, the commonwealth advanced seven spots in Business Friendliness and increased eight spots in the Economy category.

“I’m extremely proud that Pennsylvania continues to climb in the field of technology and innovation,” said Governor Wolf. “The commonwealth is a place where entrepreneurs and researchers can feel supported to nurture new ideas and take risks.”

Click here to view the full report: America’s Top States for Business 2017.

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