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Alabama is the 16th Best State for Business 2013

Previous State: North Dakota Next State: Wisconsin No. 16Alabama Taxations & Regulations Workforce Quality Living Environment Based on CEO Survey by ChiefExecutive.net Key Metrics State GDP  % Growth ’10-’11: -0.8 % Growth ’10-’11 v. Nat’l Avg. (1.5%): -2.3 Unemployment Unemployment Rate Dec. 2012 %: 6.8 Comparison with Nat’l Rate (7.80%): -1.0 Domestic Migration Domestic Net …

Previous State: North Dakota Next State: Wisconsin

No. 16Alabama

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: -0.8
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -2.3

Unemployment

  • Unemployment Rate Dec. 2012 %: 6.8
  • Comparison with Nat’l Rate (7.80%): -1.0

Domestic Migration

  • Domestic Net Migration ’10-’11: 1,974
  • Rank: 23

State Government

  • Debt per Capita Fiscal Year ’10 ($): 1,841
  • State & Local Gov’t Employees per 10k Residents: 615.3

State-Local Tax Burden

  • Rate (%): 9.7
  • Compared to Nat’l Avg. (9.9%): -0.21
Key Companies
  • HealthSouth
  • Regions Financial
  • Vulcan Materials
Development Trend Indicator: Positive
Pro-growth efforts overcome drag from federal cutbacks and Gulf oil spill.
CEO Comments
“Alabama’s immigration law has run off all the quality help in restaurants, farms, landscapers, contractors, etc.”

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

Previous State: #15 North Dakota Next State: #17 Wisconsin

About JP Donlon

JP Donlon is the Editor-in-Chief of Chief Executive magazine.