Delaware is the 23rd Best State for Business 2014

Previous State: Missouri Next State: New Hampshire

No. 23 Delaware

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 

  • % Growth ’12-’13: 1.6
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -2.3

Unemployment

  • Unemployment Rate Dec. 2013 %: 6.2
  • Comparison with Nat’l Rate (6.70%): -0.5

Domestic Migration

  • Domestic Net Migration 2013: 3,010
  • Rank: 18

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 6,932
  • State & Local Gov’t Employees per 10k Residents: 598.8

State-Local Tax Burden

  • Rate (%): 9.2%
  • Compared to Nat’l Avg. (9.9%): -0.66%
Key Companies
  • Dupont
  • Delphi Financial
  • Wilmington Trust
Development Trend Indicator: Positive
Job growth booms; regulatory reform offsets modest minimum-wage increase.


Based on CEO Survey by ChiefExecutive.net

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

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