Solution Provider 500 Companies: 2
Oregon's high ranking for innovation and growth (No. 7) gets a boost from its good scores for gross state product growth (ranked No. 3) and inventor patents (also No. 3). The state ranks No. 16 for overall business opportunity, including a No. 3 ranking for manufacturing value added, defined as the manufacturing value added per production hour worked as a percentage of the national average.
While Oregon ranks No. 14 in the education and experience level of its workforce, its overall labor/business costs are moderately high, ranked at No. 31, and the state's rank for taxes and regulations is even less favorable (No. 33).
Oregon's quality of life/personal cost of living rank (No. 27) is helped by the fact it has no sales tax.