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Idaho is the 28th Best State for Business 2014

Gas pipelines could provide the boost that the Idaho economy needs. In addition, an Idaho Division of Financial Management report states that non-farm employment in the potato-growing state should return to pre-recession levels by next year.

Previous State: Ohio Next State: Arkansas

No. 28 Idaho

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 

  • % Growth ’12-’13: 4.1
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -2.1

Unemployment

  • Unemployment Rate Dec. 2013 %: 5.7
  • Comparison with Nat’l Rate (6.70%): -1

Domestic Migration

  • Domestic Net Migration 2013: 4,579
  • Rank: 16

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 2,399
  • State & Local Gov’t Employees per 10k Residents: 538.6

State-Local Tax Burden

  • Rate (%): 9.4%
  • Compared to Nat’l Avg. (9.9%): -0.49%
Key Companies
  • Micron Technology
  • Boise Inc.
  • MWI Veterinary Supplies
Development Trend Indicator: Negative
Exempts small business from some property taxes but jobs picture slides.


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.