Business and Industry

Silicon Valley May Lose Business to Austin, Seattle Over CA Policies

The state almost seems to be pushing people out


Silicon Valley's economy seems to be recovering more quickly than the rest of the nation's, with employers hiring and venture capitalists offering sunny predictions. There's even a new reality show based here.

It may not last. A new analysis of how business-friendly states are—released today by the nonpartisan Tax Foundation—shows that California is way at the bottom. The Golden State ranks a dismal 48 out of 50.