Arkansas is the 28th Best State for Business 2013

Previous State: Delaware Next State: Kentucky No. 28Arkansas Taxations & Regulations Workforce Quality Living Environment Based on CEO Survey by [...]

May 6 2013 by JP Donlon


Previous State: Delaware Next State: Kentucky

No. 28Arkansas

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 0.3
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.2

Unemployment

  • Unemployment Rate Dec. 2012 %: 7.1
  • Comparison with Nat’l Rate (7.80%): -0.7

Domestic Migration

  • Domestic Net Migration ’10-’11: 5,724
  • Rank: 17

State Government

  • Debt per Capita Fiscal Year ’10 ($): 1,464
  • State & Local Gov’t Employees per 10k Residents: 585.3

State-Local Tax Burden

  • Rate (%): 8.2
  • Compared to Nat’l Avg. (9.9%): -1.63
Key Companies
  • Wal-Mart Stores Inc.
  • Dillard’s
  • Tyson Foods
  • Murphy Oil
  • J.B. Hunt Transport
Development Trend Indicator: Neutral
Lots of pro-business talk but there’s not enough action in legislature.

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

Previous State: #27 Delaware Next State: #30 Kentucky