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Written by MarketBeat Staff on December 23, 2025

Ask people what defines good business culture, and the answers are usually more personal than expected.
They are less about policy or profit, and more about how work actually feels on the ground – whether people trust each other, whether growth feels sustainable, and whether businesses seem built for the long haul.
To get a clearer sense of this, we looked at what 3,002 business owners and professionals across all 50 states say they are most proud of when it comes to how business is done where they live.
The data reveals the everyday norms of doing business in each state.
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When people talk about business culture at a national level, it’s easy to assume the same priorities show up everywhere.
The responses here suggest otherwise. What people feel proud of tends to be shaped by local conditions – not just the economy, but how people know each other, how far apart businesses are, and how long companies tend to stick around.
What’s also striking is what isn’t mentioned very often.
There’s relatively little emphasis on speed, disruption, or aggressive growth. Instead, many of the answers focus on how work actually gets done day to day – who you rely on, how decisions are made, and whether businesses feel built to last.
Relationships are cited over and over among business owners, especially in smaller and more rural states.
These include: Alabama, Arkansas, Iowa, Kansas, Kentucky, Louisiana, Nebraska, Rhode Island, South Dakota, Wisconsin, and Wyoming, where pride centers on trust, familiarity, and long-standing connections.
Business owners in Connecticut, Mississippi, Virginia, New Hampshire, and South Carolina all stress the virtues of stability and patience.
Business owners here are recognized for their consistency and predictability when it comes to business, rather than as those chasing the ‘next big thing’.
Rural states such as Alaska, Montana, North Dakota, Missouri, and Idaho stress scale, distance, and environment as influences on their own business culture.
When business operations spread across vast distances, virtues such as self-reliance and practicality seem to take priority over everything else.
Arizona, Minnesota, Utah, Vermont, Mississippi, and Maine all reference patience, planning, or durability. These responses feel less about rapid expansion and more about building something that can survive changing conditions, even if growth is slower.
Maryland, Massachusetts, New Jersey, Michigan, South Carolina, Tennessee, and Wisconsin – business owners in these states emphasize skill, education, and dependability.
Business owners here tend to focus on employees who are in it for the long term – those who learn and become embedded in businesses, not just highly mobile talent.
Oregon, Pennsylvania, New Mexico, Oklahoma, and Hawaii – business owners in these states emphasize regional character and quirks as their most valued traits.
It suggests that the local work culture is tied to place in ways that go beyond MBA-style economics.
The tech-heavy states, including California, New York, and Washington, stand out for scale and opportunity, but business owners here do not necessarily emphasize disruption.
Instead, the local business pride is rooted in systems, standards, and the ability to keep evolving.
Strip away the state lines, and the underlying values start to look surprisingly consistent.
Whether business owners talk about trust, ambition, discipline, or ingenuity, the core principles are largely the same – people want to work in environments that feel fair, forward-looking, and capable of lasting beyond the next quarter.
What changes from place to place is how those principles show up. In some states, trust is built through long-standing relationships; in others, it’s earned through competence and delivery.
Ambition might look like rapid growth in one region and careful expansion in another. Ingenuity might mean reinvention at scale, or simply finding practical solutions with limited resources.
Taken together, the responses suggest that while American business culture isn’t uniform, it is coherent.
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There are five things they will never tell you.
Five things every American must know. Five things that could either massively enrich you or completely destroy you depending on the moves you make today.
If you’re honest with yourself, none of these things should surprise you… you already know about them. Deep down you can feel them. Even when you try to ignore them.
And you already know these problems aren’t going away. They won’t magically fix themselves. Nobody is coming to your rescue. You need to take action into your own hands.
Read the list below and tell me where I’m wrong…
#1. The government is bankrupt.
It’s lying about inflation because every percentage point higher in CPI automatically raises Social Security’s liabilities. Those liabilities now exceed $100 trillion.
They can’t be financed. Not without destroying the dollar.
Think Rome, when it could no longer afford free grain for its citizens. Think Europe after World War I, when nations tried to print their way out of impossible debts.
The real-world rate of inflation is not 3% or 4%.
I’d bet it’s closer to 12%+ in America’s major cities and growing.
Every dollar you earn buys less each month… and that decline is accelerating.
#2. Your savings are being vaporized.
Virtually all your dollar-based assets — cash in the bank, 401(k), wages — will lose half their value in the next four years.
Grocery prices, housing, healthcare, insurance… you’ve seen what’s happened since 2009. Now imagine it all doubling again by 2029. That’s the future we’re heading toward if you stand still.
#3. AI will save the private sector but not you.
Artificial intelligence will help companies survive inflation.
But it will do it by displacing millions of people.Private sector employment will shrink by double digits every year for at least the next decade. Law, accounting, finance, even medicine—white-collar work is being displaced at a speed no one is prepared for.
And those in government jobs or fixed pensions?
They’ll be wiped out entirely as deficits and inflation devour their real income.
#4. The violence hasn’t even begun.
Since 2009, we’ve seen the opening act—crime, riots, political rage.
But as the dollar collapses, a civil fracture is inevitable. Those closest to the flow of new money (what economists call the Cantillon Effect) will grow richer. Everyone else will struggle to survive.
It’s the same pattern that’s ended every empire in history.
#5. These “problems” represent an unprecedented transfer of wealth.
For people who understand the economics behind this societal and financial collapse, this crisis represents a once-in-a-lifetime opportunity to amass multi-generational wealth.
I’m not describing a theory. I’m not describing an idea. Or a forecast. I’m not talking about something that might happen, some day. I’m talking about what’s happening right now.
This has been happening since the bailouts began in 2009.
I’ve been writing about these issues, virtually every day, since.
When I first warned about these problems America still had a AAA credit rating. Occupy Wall Street hadn’t happened yet. Nor BLM. Or Covid lockdowns. Or our government forcing us to take vaccines.
I gave anyone who was worried the complete blueprint to save themselves: gold, great businesses, Bitcoin… and avoid the dollar at all costs.
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Good investing,
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Featured Story from MarketBeat Media
Written by Jeffrey Neal Johnson. Posted: 12/18/2025.
In mid-December 2025, the market experienced a notable psychological shift. High-flying semiconductor stocks, which had led the market for months, faced heavy selling pressure after earnings from major tech players such as Oracle (NYSE: ORCL) and Broadcom (NASDAQ: AVGO). Investors began to question the near-term return on massive capital expenditures in artificial intelligence (AI), triggering a rotation away from chipmakers—the so-called “brains” of AI systems.
Yet while the market debates which chip architecture will prevail, the physical demands of AI remain unchanged. Data centers are factories that convert electricity into intelligence, and they require regulated power, extensive cooling capacity, and sophisticated water management to operate.
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As capital shifts from the volatile chip sector to the industrial backbone of the AI revolution, a fresh set of investment opportunities has emerged. Industrial giants providing the essential utilities that keep the digital economy running are trading at more attractive valuations. Unlike chipmakers—whose valuations often hinge on speculative adoption curves—these infrastructure firms rely on signed contracts and engineering constraints.
Johnson Controls International (NYSE: JCI)stands out as a defensive cornerstone in a volatile market. While the broader technology sectorslipped in mid-December, JCI shares held up well, rising roughly 1.7% during the sell-off. That resilience reflects the company’s strategic shift into a pure-play commercial building solutions provider.
In July 2025, JCI closed the sale of its residential and light commercial HVAC business to Bosch for $5.6 billion—a move that removed cyclical residential exposure and sharpened the company’s focus on higher-growth commercial opportunities. JCI is now aggressively targeting data-center thermal management.
The firm’s financial footing supports this strategy. JCI reported a record backlog of $16.6 billion, providing clear revenue visibility into 2026. That backlog helps insulate the company from short-term swings in chip demand because many of these projects are committed infrastructure orders that must be completed regardless of market sentiment.
On the technology front, JCI is positioning itself for the heat-management transition. In September 2025 the company launched a Coolant Distribution Unit (CDU) designed for liquid-cooling systems that keep high-density AI servers from overheating. Management has also implemented an aggressive share repurchase program, which acts as an additional support for the stock during market turbulence.
Eaton Corporation (NYSE: ETN) is benefiting from two secular trends at once: electrical-grid modernization and the rapid adoption of liquid cooling. After a run-up, Eaton’s stock recently retraced to around $328, down roughly 18% from its highs—presenting a potential entry point for long-term investors.
The most consequential catalyst is Eaton’s $9.5 billion acquisition of Boyd Thermal, announced in November 2025. The deal transforms Eaton from a company focused largely on switchgear and power management into a provider that can both power racks and cool the chips inside them by adding Boyd’s cold-plate and liquid-cooling technology.
That combination materially increases Eaton’s addressable market per data-center rack. Evidence of accelerating demand appears in Eaton’s third-quarter 2025 results, where orders in its Electrical Americas segment rose about 70%, driven primarily by data-center projects. To meet this surge, Eaton committed a $50 million investment in a Virginia facility to ramp production of grid-to-chip power-distribution systems—concrete capital deployment behind management’s bullish outlook.
Water is an often-overlooked constraint for high-performance computing. Large data centers consume significant volumes of water for cooling loops, and moving that liquid efficiently requires specialized pumps and smart metering. Xylem Inc. (NYSE: XYL) is a dominant player that keeps these systems running.
While water technologies are typically seen as slow-growth, Xylem is posting growth metrics more commonly associated with tech companies. In the third quarter of 2025, Xylem reported revenue growth of 7.8% and a 23% increase in adjusted earnings per share. That growth is driven in part by urgent demand for efficient water management in industrial applications, including data centers.
Strategically, Xylem is sharpening its portfolio toward higher-margin opportunities. The company recently divested its international metering business for $125 million, with the sale expected to close in early 2026. By focusing resources on the more profitable North American market and using pricing power to offset tariff headwinds, management is protecting margins and reinforcing a resilient growth story.
As data centers expand, the intermittency of solar and wind is becoming more evident. AI training workloads require continuous, 24/7 power, and Small Modular Reactors (SMRs) offer a carbon-free option that can provide reliable baseload electricity. NuScale Power (NYSE: SMR) is one of the companies leading this energy transition.
In September 2025 NuScale reached a commercial milestone by signing an agreement with the Tennessee Valley Authority (TVA) and ENTRA1 to deploy up to 6 gigawatts of SMR capacity. That deal shifts SMR technology from concept toward a commercial pipeline with tangible scale, validating the approach for future customers.
NuScale has also addressed liquidity concerns: the company held $753.8 million in cash and investments with no debt, giving it runways to advance manufacturing without immediate equity dilution. For investors comfortable with higher volatility, NuScale offers a high-growth way to play the long-term evolution of energy generation.
The recent recalibration of semiconductor valuations has created potential mispricings in companies that build the industrial backbone of the AI economy. While chipmakers’ valuations often depend on speculative software adoption and margin assumptions, infrastructure firms are backed by signed contracts, engineering constraints, and substantial order backlogs. By investing in the providers of power, cooling, water, and baseload energy, investors can capture secular growth tied to AI while adding industrial stability to their portfolios.
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