Home » 2014 Best & Worst States » Ohio is the 22nd Best State for Business 2013

Ohio is the 22nd Best State for Business 2013

Previous State: Idaho Next State: Iowa No. 22Ohio Taxations & Regulations Workforce Quality Living Environment Based on CEO Survey by …

Previous State: Idaho Next State: Iowa

No. 22Ohio

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 1.1
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.4

Unemployment

  • Unemployment Rate Dec. 2012 %: 6.7
  • Comparison with Nat’l Rate (7.80%): -1.1

Domestic Migration

  • Domestic Net Migration ’10-’11: -44,868
  • Rank: 46

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,703
  • State & Local Gov’t Employees per 10k Residents: 534.6

State-Local Tax Burden

  • Rate (%): 9.8
  • Compared to Nat’l Avg. (9.9%): -0.02
Key Companies
  • Procter & Gamble Company
  • Kroger
  • Macy’s
  • Goodyear
Development Trend Indicator: Positive
Business appreciates Gov. Kasich’s help despite lots of legacy obstacles.
CEO Comments
“States like…Ohio are consistently trying to help us grow our business and are listening to the leaders of companies to help solve problems.”

“Ohio’s lack of ‘right to work’ regulations and high utility costs make it increasingly more unattractive for capital investment.”

“Ohio has made a dramatic turnaround under Republican leadership.”

“Ohio is doing some amazing things to attract and support a pro-business climate.”

“Michigan’s problem has been poor government and domination by the auto workers union. CA also has poor government and excessive regulations and taxes. Illinois has corrupt government, high taxes and excessive regulation. Ohio is beginning to comeback with better state government.”

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

Previous State: #21 Idaho Next State: #23 Iowa

About JP Donlon

JP Donlon
JP Donlon is the Editor-in-Chief of Chief Executive magazine.