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10 Best States for Business 2013: Slideshow

Here’s a look at the best states in which to do business in 2013 and what CEOs had to say about them.

[wp_banner_rotator name=”Ten-best-states-for-business-2013”] Number 2

No. 1 Texas

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 3.3
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): 1.8

Unemployment

  • Unemployment Rate Dec. 2012 %: 6.2
  • Comparison with Nat’l Rate (7.80%): -1.6

Domestic Migration

  • Domestic Net Migration ’10-’11: 145,315
  • Rank: 1

State Government

  • Debt per Capita Fiscal Year ’10 ($): 1,679
  • State & Local Gov’t Employees per 10k Residents: 563.9

State-Local Tax Burden

  • Rate (%): 8.2
  • Compared to Nat’l Avg. (9.9%): -1.68
Key Companies
  • ExxonMobil Corp.
  • AT&T Inc.
  • Dell Inc.
  • ConocoPhillips
  • AMR Corp.
  • Fluor
  • Halliburton
  • Southwest Airlines
Development Trend Indicator: Positive
Amazingly, the Lone Star State hasn’t let up and keeps building on its lead.
CEO Comments
“Glad to become part of the great “TEXodus” and moved from CA to TX — been really terrific for us…”

“Texas still stands head and shoulders above others in their business climate, employee work ethics and living environment.”

Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation

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