Alaska is the 31st Best State for Business 2012

No. 31 Alaska Taxation and Regulations Workforce Quality Living Environment Based on CEO Survey by ChiefExecutive.net Key Metrics State GDP  [...]

May 2 2012 by ChiefExecutive.net


No 31: Alaska

No. 31

Alaska

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: 10.53
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): 10.86

Unemployment

  • Unemployment Rate Dec. 2011 %: 7.30
  • Comparison with Nat’l Rate (8.50%): -1.20

Domestic Migration

  • Domestic Net Migration ’00-’09: -7,630
  • Rank: 29

State Government

  • Debt per Capita Fiscal Year ’10 ($): 9,032
  • State & Local Gov’t Employees per 10k Residents: 766.00

State-Local Tax Burden

  • Rate (%): 6.35
  • Compared to Nat’l Avg. (9.8%): -3.45
Key Companies
  • General Communication
  • Alaska Communications Systems
  • First National Bank Alaska
Development Trend Indicator: Neutral
Light tax burden struggles to overcome other impediments to competitiveness.

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