Based on CEO Survey by ChiefExecutive.net
Key Metrics |
---|
State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
|
Key Companies |
---|
|
Development Trend Indicator: Neutral |
---|
Gov. Cuomo seems to be less concerned now about business-friendliness. |
CEO Comments |
---|
“New York’s taxes on the job creators is broken and taxing authorities are too bureaucratic–a glimpse of everything bad in the federal government; California is perpetually bankrupt and relies on market rallies to fix their budget. Their best and brightest are moving to the sunbelt with low tax burdens and pro-business governments. Only thing these states have going for them is the immigrant influx and the established industries already there.”
“90% of our business is in New York State, so I don’t have any good feedback on other states.” |
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation