CNBC's Top States for Business 2025 is an annual ranking that assesses states across a variety of categories to determine their overall business friendliness. These categories typically include workforce, infrastructure, cost of doing business, economy, technology & innovation, education, life, health & inclusion, access to capital, and cost of living. The ranking aims to provide businesses with valuable insights into which states offer the most favorable environments for growth, investment, and long-term success, influencing relocation and expansion decisions. By analyzing these factors, CNBC highlights the strengths and weaknesses of each state, offering a comprehensive picture of the U.S. business landscape.