Arkansas is the 29th Best State for Business 2012

No. 29 Arkansas 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 29: Arkansas

No. 29

Arkansas

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: 0.69
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): 1.03

Unemployment

  • Unemployment Rate Dec. 2011 %: 7.70
  • Comparison with Nat’l Rate (8.50%): -0.80

Domestic Migration

  • Domestic Net Migration ’00-’09: 75,163
  • Rank: 16

State Government

  • Debt per Capita Fiscal Year ’10 ($): 1,464
  • State & Local Gov’t Employees per 10k Residents: 585.28

State-Local Tax Burden

  • Rate (%): 9.87
  • Compared to Nat’l Avg. (9.8%): 0.07
Key Companies
  • Wal-Mart Stores Inc.
  • Dillard’s
  • Tyson Foods
  • Murphy Oil
  • J.B. Hunt Transport
Development Trend Indicator: Neutral
Agreeable environment on taxes and other business concerns continues.

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