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Mississippi is the 38th Best State for Business 2013

Previous State: Rhode Island Next State: Vermont

No. 38Mississippi

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: -0.8
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -2.3

Unemployment

  • Unemployment Rate Dec. 2012 %: 8.9
  • Comparison with Nat’l Rate (7.80%): 1.1

Domestic Migration

  • Domestic Net Migration ’10-’11: -6,672
  • Rank: 37

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,182
  • State & Local Gov’t Employees per 10k Residents: 647.7

State-Local Tax Burden

  • Rate (%): 10.2
  • Compared to Nat’l Avg. (9.9%): 0.38
Key Companies
  • Sanderson Farms
  • Cal-Maine Foods
  • BancorpSouth
  • Trustmark
Development Trend Indicator: Negative
Quality-of-workforce issues remain drag on economically sluggish state.
CEO Comments
“Louisiana and Mississippi are great, Texas good too.”

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

Previous State: #37 Rhode Island Next State: #39 Vermont

Picture of J.P. Donlon

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.
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