Vermont is the 38th Best State for Business 2012

May 2 2012 by ChiefExecutive.net


No 38: Vermont

No. 38

Vermont

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: 1.17
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): 1.50

Unemployment

  • Unemployment Rate Dec. 2011 %: 5.10
  • Comparison with Nat’l Rate (8.50%): -3.40

Domestic Migration

  • Domestic Net Migration ’00-’09: -1,505
  • Rank: 28

State Government

  • Debt per Capita Fiscal Year ’10 ($): 5,585
  • State & Local Gov’t Employees per 10k Residents: 641.03

State-Local Tax Burden

  • Rate (%): 10.18
  • Compared to Nat’l Avg. (9.8%): 0.38
Key Companies
  • Green Mountain Coffee
  • Casella Waste
  • Central Vermont Public Service Corp.
Development Trend Indicator: Neutral
Nation’s sole single-payer health-reform law awaits Obamacare decision.
CEO Comments
“California, Massachusetts and Vermont have enacted anti-business policies that are detrimental, especially to the medical device industry.”

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