Delaware is the 14th Best State for Business 2012

No. 14 Colorado 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 14: Colorado

No. 14

Colorado

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: -1.54
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): -1.21

Unemployment

  • Unemployment Rate Dec. 2011 %: 7.40
  • Comparison with Nat’l Rate (8.50%): -1.10

Domestic Migration

  • Domestic Net Migration ’00-’09: 45,424
  • Rank: 18

State Government

  • Debt per Capita Fiscal Year ’10 ($): 6,157
  • State & Local Gov’t Employees per 10k Residents: 598.78

State-Local Tax Burden

  • Rate (%): 9.58
  • Compared to Nat’l Avg. (9.8%): -0.22
Key Companies
  • Dupont
  • Delphi Financial
  • Wilmington Trust
Development Trend Indicator: Neutral
Entrepreneurs buck economy but companies fret about push to raise minimum wage.

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