Florida sixth-best for business

Low taxes helped its rank, but a criterion that looks at a state's economic production may have been misguided, as Florida earned the sixth spot on Chief Executive magazine's list of Best/Worst States for Business.

Unsurprisingly, Florida was tops in the Individual Tax Index ranking. The state also ranked highly in the comparison's Unemployment Insurance Tax Index, a business advantage that might have evaporated earlier this year if not for the state's recent decision to defer major hikes.

The most confounding factor in this survey, however, may have been that which considered a state's economic production.