CEOs: We love Florida

Florida moved up one spot in Chief Executive magazine's annual survey of the best states to do business in, surpassing North Carolina.

Texas was No. 1 in the survey, for the eighth year in a row. North Carolina fell to third place; Tennessee was fourth; and Indiana was fifth. The worst states to do business in, according to the survey, are high-tax and poor economy havens: California, New York, Illinois, Massachusetts and Michigan.

The survey polled 650 CEOs nationwide. They evaluated states on several issues, including regulatory climate, tax polices, quality of living, work force and infrastructure.