Wyoming is the 16th Best State for Business 2012

May 2 2012 by ChiefExecutive.net


No 16: Wyoming

No. 16

Wyoming

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’07-’10: 15.44
  • % Growth ’07-’10 v. Nat’l Avg. (-0.33%): 15.77

Unemployment

  • Unemployment Rate Dec. 2011 %: 5.80
  • Comparison with Nat’l Rate (8.50%): -2.70

Domestic Migration

  • Domestic Net Migration ’00-’09: 22,883
  • Rank: 25

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,694
  • State & Local Gov’t Employees per 10k Residents: 918.30

State-Local Tax Burden

  • Rate (%): 7.80
  • Compared to Nat’l Avg. (9.8%): -2.00
Key Companies
  • United Bankshares
  • Cloud Peak Energy
  • Great Lakes Aviation
  • U.S. Energy Corp.
Development Trend Indicator: Neutral
Feather-light tax burden can only get so much done; awaiting more gas drilling.

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