Wisconsin is the 20th Best State for Business 2012

No. 20 Wisconsin 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 20: Wisconsin

No. 20

Wisconsin

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: -1.45
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): -1.11

Unemployment

  • Unemployment Rate Dec. 2011 %: 7.10
  • Comparison with Nat’l Rate (8.50%): -1.40

Domestic Migration

  • Domestic Net Migration ’00-’09: -11,981
  • Rank: 30

State Government

  • Debt per Capita Fiscal Year ’10 ($): 3,929
  • State & Local Gov’t Employees per 10k Residents: 503.04

State-Local Tax Burden

  • Rate (%): 10.98
  • Compared to Nat’l Avg. (9.8%): 1.18
Key Companies
  • Johnson Controls
  • Kohl’s
  • Manpower
  • Oshkosh
  • Harley-Davidson
  • Rockwell Automation
Development Trend Indicator: Positive
New conservative statehouse is shaking things up, drawing business favor.
CEO Comments
“We only do business in Wisconsin. Since Gov. Walker was elected we have seen a significant improvement in taxes and business conditions.”

“In our home state of Wisconsin there is a palatable enthusiasm amongst business executives that we are roaring back due to a clear vision of job creation (e.g. mining in the north) and stable state budgets (allowing us to take more risks).”

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