Oregon falls to No. 42 in CNBC business ranking
Add Axios as your preferred source to
see more of our stories on Google.

Illustration: Brendan Lynch/Axios
Oregon fell three spots to No. 42 in CNBC's annual ranking of the best states for business, released on Thursday.
Why it matters: Gov. Tina Kotek made it her goal to crack the ranking's top 10. Instead, we're moving in the opposite direction.
Catch up quick: Oregon was ranked as high as No. 28 just three years ago but fell 11 spots on the list between 2024 and 2025.
How it works: CNBC scores all 50 states across 10 weighted categories — including infrastructure, workforce, quality of life and cost of doing business — worth up to 2,500 points.
- Oregon totaled 1,193 points this year, six points fewer than in 2025.
By the numbers: Oregon lost ground in several key categories from last year's ranking.
- Infrastructure fell from No. 14 to No. 17.
- Workforce dropped from 23 to 24.
- Quality of life sank from 19 to 22.
Technology & innovation went from 14 to 18, and the cost of doing business stayed flat at 43.
Yes, but: We improved in the economy category, from 41 to 39, and business friendliness, where we moved from 47 to 43.
Between the lines: Oregon's economic woes have been well documented — from the state's inability to attract new business and retain old ones, to the high tax burden, to the hurdles small business owners face.
- Last year's CNBC ranking seemed to serve as a wake-up call of sorts for Kotek, who laid out her plan to turn the tide in a "Prosperity Roadmap" released in December.
- In it, she said breaking into the ranking's top 10, overall and in the workforce category, was a priority.
- Kotek did not respond to a request for comment on Oregon's new, lower score.
What's next: Last month, a council convened by Kotek released its recommendations for righting the economic ship — including lowering taxes, cutting regulations and investing in education.
- Many of the recommendations, like overhauling the tax system and cutting red tape, face uphill battles in the state legislature.
