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Oklahoma is the 14th Best State for Business 2013

Previous State: Colorado Next State: North Dakota

No. 14Oklahoma

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 1.0
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.5

Unemployment

  • Unemployment Rate Dec. 2012 %: 5.1
  • Comparison with Nat’l Rate (7.80%): -2.7

Domestic Migration

  • Domestic Net Migration ’10-’11: 8,933
  • Rank: 12

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,664
  • State & Local Gov’t Employees per 10k Residents: 597.9

State-Local Tax Burden

  • Rate (%): 9.6
  • Compared to Nat’l Avg. (9.9%): -0.27
Key Companies
  • Chesapeake Energy
  • The Williams Companies
  • Devon Energy
  • Williams Partners
Development Trend Indicator: Positive
Finally addressing worker’s-comp woes to add to business-friendly setting.
CEO Comments
“Oklahoma is legislating excellent government practices”

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

Previous State: #13 Colorado Next State: #15 North Dakota

Picture of J.P. Donlon

J.P. Donlon

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