A state’s economic vitality relies on the freedom of businesses and individuals to thrive. Ensuring this freedom requires limited government intervention and robust market competition. When businesses operate in a competitive, less-regulated environment, innovation flourishes, leading to job growth and economic prosperity. Conversely, excessive regulation and government control stifle growth, reduce opportunities, and hinder overall economic health.
Common Sense Institute’s Free Enterprise Report evaluates each state’s economic environment by measuring regulatory impact, market freedom, taxation, and the balance between public and private sector influence on the economy.