Wyoming is now ranked number two in the nation in an independent economic research firm’s list of the Top Ten Pro-Business States for 2014. Wyoming rose from number five in Pollina Corporate Real Estate’s ranking last year. This year’s ranking is Wyoming’s highest ever.

The Pollina study was co-published with the American Economic Development Institute, a nonpartisan public policy and economics research group. Wyoming’s number two ranking in the study is based on an analysis of workforce, taxes and other factors such as education.

According to a media release from the firm, each year, Pollina Corporate Real Estate ranks the 50 states on how well each has or has not positioned itself to retain and create jobs as well as sustain America’s middle class. Now in its 11th edition, the study has become an important tool for corporations to evaluate their current and future U.S. locations.