Kansas is the 23rd Best State for Business 2012

May 2 2012 by ChiefExecutive.net


No 23: Kansas

No. 23

Kansas

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: 0.00
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): 0.34

Unemployment

  • Unemployment Rate Dec. 2011 %: 6.30
  • Comparison with Nat’l Rate (8.50%): -2.20

Domestic Migration

  • Domestic Net Migration ’00-’09: -67,762
  • Rank: 40

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,276
  • State & Local Gov’t Employees per 10k Residents: 676.73

State-Local Tax Burden

  • Rate (%): 9.71
  • Compared to Nat’l Avg. (9.8%): -0.09
Key Companies
  • Sprint Nextel
  • Seabord Corp.
  • YRC Worldwide
Development Trend Indicator: Neutral
Inches up in several new measures of business friendliness.
CEO Comments
“Kansas is good and getting better.”

“Our headquarters is in Kansas. We get great support on incentives from our local county and the state. Our taxes are reasonable and not unduly burdensome. Our workforce has great work ethic and “can do” mentality instilled in them from their youth and, in our opinion this is due to our more rural, agricultural setting…Many of our customers are located here and we find their workforce to be similar to ours in their dedication and work ethics.”

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