Montana is the 24th Best State for Business 2013

Previous State: Iowa Next State: Nebraska No. 24Montana Taxations & Regulations Workforce Quality Living Environment Based on CEO Survey by [...]

May 6 2013 by JP Donlon


Previous State: Iowa Next State: Nebraska

No. 24Montana

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 0.0
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.5

Unemployment

  • Unemployment Rate Dec. 2012 %: 5.6
  • Comparison with Nat’l Rate (7.80%): -2.2

Domestic Migration

  • Domestic Net Migration ’10-’11: 3,888
  • Rank: 18

State Government

  • Debt per Capita Fiscal Year ’10 ($): 4,430
  • State & Local Gov’t Employees per 10k Residents: 585.2

State-Local Tax Burden

  • Rate (%): 8.7
  • Compared to Nat’l Avg. (9.9%): -1.17
Key Companies
  • Stillwater Mining
  • First Interstate BancSystem
  • Glacier Bancorp
Development Trend Indicator: Positive
Success of worker’s-comp reforms leads to help on business-equipment taxes.
CEO Comments
“We find several states today as ‘real comers.’ This is especially true with Kentucky, Louisiana, North Dakota, Montana and Tennessee (although it has been on a fast track somewhat longer than the others).”

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

Previous State: #23 Iowa Next State: #25 Nebraska