Economy
In 2010, Ohio was ranked No. 2 in the country for best business climate by Site Selection magazine, based on a business-activity database. The state has also won three consecutive Governor's Cup awards from the magazine, based on business growth and developments. As of 2010, Ohio's gross domestic product (GDP) was $478 billion. This ranks Ohio's economy as the seventh-largest of all fifty states and the District of Columbia. The Small Business & Entrepreneurship Council ranked the state No. 10 for best business-friendly tax systems in their Business Tax Index 2009. Ohio was ranked No. 11 by the council for best friendly-policy states according to their Small Business Survival Index 2009. The Directorship's Boardroom Guide ranked the state No. 13 overall for best business climate, including No. 7 for best litigation climate. Forbes ranked the state No. 8 for best regulatory environment in 2009. Ohio has 5 of the top 115 colleges in the nation, according to U.S. News and World Report's 2010 rankings, and was ranked No. 8 by the same magazine in 2008 for best high schools.