Georgia is the 8th Best State for Business 2012

May 2 2012 by ChiefExecutive.net


No 8: Georgia

No. 8

Georgia

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: -4.42
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): -4.08

Unemployment

  • Unemployment Rate Dec. 2011 %: 9.70
  • Comparison with Nat’l Rate (8.50%): 1.20

Domestic Migration

  • Domestic Net Migration ’00-’09: 550,369
  • Rank: 5

State Government

  • Debt per Capita Fiscal Year ’10 ($): 1,426
  • State & Local Gov’t Employees per 10k Residents: 545.70

State-Local Tax Burden

  • Rate (%): 9.12
  • Compared to Nat’l Avg. (9.8%): -0.68
Key Companies
  • Coca-Cola Company
  • United Parcel Service Inc.
  • Home Depot Inc.
  • AFLAC Incorporated
  • Delta Airlines
Development Trend Indicator: Positive
More conservative statehouse holds line on taxes; workforce becomes major plus.
CEO Comments
“Georgia has high premium taxes.”

“Georgia is a great place to do business, the airport the weather the cost of living. Good talent pool to pick from.”

“Georgia understands business needs, even industry specifics, and goes all out in ensuring the atmosphere is staged for business success.”

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