Oklahoma is the 20th Best State for Business 2014

Previous State: Iowa Next State: Nebraska

No. 20 Oklahoma

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 

  • % Growth ’12-’13: 4.2
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -0.4

Unemployment

  • Unemployment Rate Dec. 2013 %: 5.4
  • Comparison with Nat’l Rate (6.70%): -1.3

Domestic Migration

  • Domestic Net Migration 2013: 14,268
  • Rank: 9

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 2,837
  • State & Local Gov’t Employees per 10k Residents: 597.9

State-Local Tax Burden

  • Rate (%): 8.7%
  • Compared to Nat’l Avg. (9.9%): -1.13%
Key Companies
  • Chesapeake Energy
  • The Williams Companies
  • Devon Energy
  • Williams Partners
Development Trend Indicator: Negative
Trims some taxes but remains income-tax “sandwich” between neighbors.
CEO Comments
“Oklahoma is business friendly!!!”


Based on CEO Survey by ChiefExecutive.net

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

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