Virginia continues to slip in a prominent ranking of the best states for doing business.
The state came in at No. 13 on this year’s list of America’s Top States for Business, released late Tuesday afternoon by business-focused news channel CNBC. It was ranked the third-best place for business in 2012.
“The Old Dominion stands superior for workforce and business friendliness, but high costs and weak infrastructure hurt,” CNBC said on its website.
Virginia tied with Wyoming for 13th. Last year, Virginia was 12th, down from No. 8 in 2014 and No. 5 in 2013.
