Oklahoma is the 17th Best State for Business 2012

No. 17 Oklahoma 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 17: Oklahoma

No. 17

Oklahoma

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: 2.87
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): 3.20

Unemployment

  • Unemployment Rate Dec. 2011 %: 6.10
  • Comparison with Nat’l Rate (8.50%): -2.40

Domestic Migration

  • Domestic Net Migration ’00-’09: 42,284
  • Rank: 19

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,664
  • State & Local Gov’t Employees per 10k Residents: 597.88

State-Local Tax Burden

  • Rate (%): 8.70
  • Compared to Nat’l Avg. (9.8%): 1.10
Key Companies
  • Chesapeake Energy
  • The Williams Companies
  • Devon Energy
  • Williams Partners
Development Trend Indicator: Neutral
Business-friendliness keeps bringing influx of workers and companies.

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