Sigritz said 2010 saw a lot of states increasing fees and taxes to bring revenues in after the recession hit in 2008. That trend has now reversed. "We've definitely seen a movement to try to reduce taxes and fees and encourage job growth."
West Virginia has seen improvements in its business image of late.
West Virginia still has plenty of room for improvement. "The tax code is one of the few things businesses care about when they're looking for new places to invest," Tax Foundation economist Scott Drenkard told Pew.
West Virginia policymakers must remain ever vigilant to get ahead and stay ahead of the competition for the state to be consistently attractive to job creators.
The Register-Herald, Bleckley, South Carolina, on diversifying economy:
Last week, the federal government announced the awarding of twin grants worth more than $6 million to WorkForce West Virginia to be used to retrain unemployed state workers and help direct them into new jobs.
The same day we saw why these grants, and the efforts by WorkForce West Virginia, are so important.
The Pinnacle coal mine in Wyoming County announced that, if the market for metallurgical coal doesn't improve in the next few weeks, nearly 400 miners would receive temporary layoffs of up to six months until that occurs.
Cliffs Natural Resources Inc. issued a WARN (Worker Adjustment and Retraining Notice) Wednesday with the United Mine Workers and the state of West Virginia to announce its "tentative plan to temporarily idle" the mine "due to deteriorating conditions in the metallurgical coal market."
That mine produced 2.8 million tons of metallurgical coal in 2013. The mine could be idled up to six months, The Associated Press said.
In Boone County, Patriot Coal laid off 75 workers at two mining complexes.
And to the south, in Virginia, layoffs were announced at another mine there.
From 2010 to 2014, some 425 million tons of coal were exported from the United States, and 60 percent of that was metallurgical coal bound for steel manufacturers overseas, reports uscoalexports.org.
We hope that the Pinnacle layoffs, if they do indeed occur, will be short, and that our overseas markets for steel-producing coal recover.
But the overall trend for coal is downward.
Which makes grants like those to WorkForce West Virginia so important.
Just as we continue to work hard to diversify our economy in southern West Virginia, coal miners and other workers need to be given the chance at training to diversify their job skills as well.
These grants are a good step in that direction.