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.

May 6 2013 by ChiefExecutive.net


Number 1 Number 3

No. 2 Florida

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 0.5
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.0

Unemployment

  • Unemployment Rate Dec. 2012 %: 7.9
  • Comparison with Nat’l Rate (7.80%): 0.1

Domestic Migration

  • Domestic Net Migration ’10-’11: 118,756
  • Rank: 2

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,155
  • State & Local Gov’t Employees per 10k Residents: 489.5

State-Local Tax Burden

  • Rate (%): 7.0
  • Compared to Nat’l Avg. (9.9%): -2.89
Key Companies
  • Office Depot Inc.
  • NextEra Energy, Inc.
  • Tech Data
  • Carnival Corp.
  • CSX
  • Jabil Circuit
  • World Fuel Services
Development Trend Indicator: Negative
Business now assessing blow of Gov. Scott’s turnabout on Obamacare.
CEO Comments
“Florida has gained significant momentum with the new Governor, who actually has Manufacturing on the top priority list of his agenda.”

“Florida is becoming a hot bed for key industry clusters such as Aviation, Life Science, Corporate HQ and Hedge funds.”

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