Vermont is the 39th Best State for Business 2014

Previous State: Oregon Next State: Rhode Island

No. 39 Vermont

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 

  • % Growth ’12-’13: 1.9
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -1.3

Unemployment

  • Unemployment Rate Dec. 2013 %: 4.2
  • Comparison with Nat’l Rate (6.70%): -2.5

Domestic Migration

  • Domestic Net Migration 2013: -653
  • Rank: 22

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 5,787
  • State & Local Gov’t Employees per 10k Residents: 641

State-Local Tax Burden

  • Rate (%): 10.1%
  • Compared to Nat’l Avg. (9.9%): 0.25%
Key Companies
  • Green Mountain Coffee
  • Casella Waste
  • Central Vermont Public Service Corp.
  • Ben & Jerry’s
Development Trend Indicator: Negative
State-led Obamacare revolution and now businesses are paying the price.
CEO Comments
“Vermont has very aggressive tax practices. High taxes, over-regulated, tremendous bureaucracies.”


Based on CEO Survey by ChiefExecutive.net

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

PARTNER CENTER