The Volunteer State ranked in the top 10 in the categories of business-friendliness and infrastructure and transportation. An article from The Huffington Post this week highlighted transportation issues in Chattanooga.
Tennessee came in at No. 2, the state's highest ranking, in the cost-of-living category.
The study ranked Tennessee No. 48 in quality of life.
TNReport first reported the study earlier this week.
Thumbtack.com, a website that connects consumers and services, recently partnered with the Kauffman Foundation to survey more than 6,000 small business owners across the nation. That study listed Tennessee as one of the least-costly states for hiring new employees.
Through his economic plan, Jobs4TN, Gov. Bill Haslam has launched several initiatives aiming to boost business in Chattanooga.