New Report Ranks New York 45th in Small-Biz Efforts

Summary

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High taxes and numerous regulations make New York one of the least favorable states in the country for small business, according to a new report.

New York placed 45th in an overall state-by-state ranking, down a notch from 44th in 2005, in the Small Business Survival Index 2006, a study published by the Small Business & Entrepreneur-ship Council, a Washington, D.C.-based advocacy and lobbying organization. The study, released in October, examined public policy climates for small business and entrepreneurship around the nation.

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Extract

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New Report Ranks New York 45th in Small-Biz Efforts

"Across the party spectrum, everybody says they love small business," noted SBE Council Chief Economist and study author Raymond J. K...

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