From Gino DiCaro at the California Manufacturers and Technology Association, the Mpowered blog, “California regulatory and competitiveness survey shows we need to get smarter“:
A coalition of industries and employers fighting for a competitive California and a smarter regulatory environment released the first round of results this week from a survey to understand how companies feel about the regulatory climate in California. The Los Angeles Times wrote the first story this morning.
More than 400 companies have answered the survey. Of those 400, 84 percent said they would not consider locating a new business here if they were not already in California and 72 percent said they did not have formal plans to grow in the state by more than 10 percent in the next five years.
Two findings are becoming clear:
- Existing and future regulations will have a major negative impact on job creation, and
- Favorable attributes of California don’t outweigh the negative regulatory climate.
Link to survey:
- Farewell from a Blogger - May 25, 2011
- Activist Ignore Evidence to Back Shakedown Suit Against Chevron - May 25, 2011
- More than a Lawsuit: A Circle of Political Pressure Against Chevron - May 25, 2011
Download key results so far: