Missouri is the 24th Best State for Business 2012

No. 24 Missouri Taxation and Regulations Workforce Quality Living Environment Based on CEO Survey by ChiefExecutive.net Key Metrics State GDP  [...]

May 2 2012 by ChiefExecutive.net


No 24: Missouri

No. 24

Missouri

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: -1.05
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): -0.72

Unemployment

  • Unemployment Rate Dec. 2011 %: 8.00
  • Comparison with Nat’l Rate (8.50%): -0.50

Domestic Migration

  • Domestic Net Migration ’00-’09: 41,278
  • Rank: 20

State Government

  • Debt per Capita Fiscal Year ’10 ($): 3,416
  • State & Local Gov’t Employees per 10k Residents: 557.33

State-Local Tax Burden

  • Rate (%): 9.05
  • Compared to Nat’l Avg. (9.8%): -0.75
Key Companies
  • Emerson Electric
  • Monsanto
  • Peabody Energy
  • Express Scripts
  • Charter Communications
Development Trend Indicator: Neutral
Surges in entrepreneurial activity and holds its own in tax climate for business.
CEO Comments
“Our [Kansas] 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. The same can be said for people from Missouri (St. Louis area).”

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