Arizona Ranked No. 12 in CNBC’s Top States for Business 2025

Arizona skyline featuring business buildings and technology elements.

News Summary

Arizona has been recognized for its business potential by ranking No. 12 in CNBC’s America’s Top States for Business 2025. This ranking highlights the state’s favorable conditions for companies looking to establish or expand operations. The evaluation draws from various metrics reflecting economic strength, infrastructure, workforce quality, and more, emphasizing Arizona’s competitive edge in attracting business investments. The state maintains a strong position among its peers, showcasing its commitment to fostering a robust business environment that adapts to evolving market needs.

Arizona has achieved a notable ranking of No. 12 in CNBC’s America’s Top States for Business 2025, maintaining its position among the top tier of states recognized for business potential. This announcement was made on July 10, 2025, showcasing Arizona’s ongoing commitment to fostering a conducive environment for businesses.

The state continues to hold a position in the top quarter of all states evaluated, reflecting its appealing qualities for companies looking to establish or expand their operations. The CNBC rankings assess various critical factors that businesses consider when selecting suitable locations, making this acknowledgment particularly valuable to Arizona’s economic reputation.

Evaluation Criteria and Rankings

To compile the rankings, CNBC utilizes a comprehensive set of 135 metrics spread across 10 distinct categories. These categories encapsulate essential areas that influence business decisions:

  • Economy
  • Infrastructure
  • Workforce
  • Cost of Doing Business
  • Business Friendliness
  • Quality of Life
  • Technology and Innovation
  • Education
  • Access to Capital
  • Cost of Living

This comprehensive approach ensures that a well-rounded picture of each state’s business landscape is presented, providing a reliable tool for corporations in their decision-making processes.

Implications of the Ranking

Arizona’s placement at No. 12 reinforces its competitive edge in the national business arena. While the state did not ascend to the highest rankings, its performance at this level is indicative of a robust infrastructure and a favorable economic climate. The diverse factors contributing to this standing demonstrate that Arizona continues to nurture a favorable business environment, which could lead to future growth and investment opportunities.

Background Context

The CNBC rankings have long been a respected benchmark for assessing the business climate across different states in the U.S. Companies take these evaluations seriously when determining where to invest resources and expand their operations. The analysis not only reflects current conditions but also signals potential growth directions for states attempting to attract new businesses.

Arizona’s maintained position in the rankings is also in line with recent trends indicating a shifting landscape for business operations. States are increasingly competing not just on traditional grounds like tax rates but also on workforce education, quality of life considerations, and the technological infrastructure available to businesses. These changes can influence company decisions significantly, and Arizona’s focus on key areas shows its readiness to adapt to these evolving needs.

The report detailing these findings was compiled by the Business Journal and further covered by multiple news outlets, highlighting Arizona’s strengths and ongoing efforts to enhance its business ecosystem.

Overall, Arizona’s No. 12 ranking in CNBC’s Top States for Business 2025 underscores its ability to remain competitive among other regions while offering attractive conditions for current and prospective businesses. As the economic landscape continues to evolve, it will be vital for Arizona to maintain its focus on fostering a business-friendly environment that meets the needs of 21st-century companies.

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STAFF HERE PHOENIX WRITER
Author: STAFF HERE PHOENIX WRITER

PHOENIX STAFF WRITER The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.

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