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Georgia is the 10th Best State for Business 2014

Since the 2013 ranking, the legislature passed significant worker’s comp reform that cut business costs, and CEOs were pleased.

Previous State: Louisiana Next State: Virginia

No. 10 Georgia

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 

  • % Growth ’12-’13: 1.8
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -0.4

Unemployment

  • Unemployment Rate Dec. 2013 %: 7.4
  • Comparison with Nat’l Rate (6.70%): 0.7

Domestic Migration

  • Domestic Net Migration 2013: -6,347
  • Rank: 36

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 1,301
  • State & Local Gov’t Employees per 10k Residents: 545.7

State-Local Tax Burden

  • Rate (%): 9.0%
  • Compared to Nat’l Avg. (9.9%): -0.90%
Key Companies
  • Coca-Cola Company
  • United Parcel Service Inc.
  • Home Depot Inc.
  • AFLAC Incorporated
  • Delta Airlines
Development Trend Indicator: Positive
Legislature passes significant worker’s comp reform that cuts business costs.
CEO Comments
“We relocated our corporate office from Los Angeles to Atlanta in 2006 largely because of the regulatory and unfriendly tax environment in the state of California. We considered Dallas, but settled on Atlanta for customer-related and other secondary or marginal reasons. Would make the same decision if I had to do it all over again.”


Based on CEO Survey by ChiefExecutive.net

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

About JP Donlon

JP Donlon is the Editor-in-Chief of Chief Executive magazine.