Home » 2014 Best & Worst States » Rhode Island is the 37th Best State for Business 2013

Rhode Island is the 37th Best State for Business 2013

Previous State: Washington Next State: Mississippi No. 37Rhode Island Taxations & Regulations Workforce Quality Living Environment Based on CEO Survey …

Previous State: Washington Next State: Mississippi

No. 37Rhode Island

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 0.8
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.7

Unemployment

  • Unemployment Rate Dec. 2012 %: 9.9
  • Comparison with Nat’l Rate (7.80%): 2.1

Domestic Migration

  • Domestic Net Migration ’10-’11: -6,273
  • Rank: 36

State Government

  • Debt per Capita Fiscal Year ’10 ($): 9,018
  • State & Local Gov’t Employees per 10k Residents: 510.8

State-Local Tax Burden

  • Rate (%): 10.0
  • Compared to Nat’l Avg. (9.9%): 0.10
Key Companies
  • CVS Caremark
  • Textron
  • Hasbro
  • United Natural Foods
Development Trend Indicator: Neutral
Sky-high unemployment rate bespeaks continuing terrible business climate.

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

Previous State: #36 Washington Next State: #38 Mississippi

About JP Donlon

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