Alaska is the 32nd Best State for Business 2014

May 8, 2014

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP % Growth ’12-’13: -2.5 % Growth ’11-’12 v. Nat’l Avg. (2.5%): -1.4 Unemployment Unemployment Rate Dec. 2013 %: 6.4 Comparison with Nat’l Rate (6.70%): -0.3 Domestic Migration Domestic Net Migration 2013: -4,006 Rank: 35 State Government State Debt per Capita Fiscal Year ’13 ($): 9,294 State & Local Gov’t Employees per 10k Residents: 766 State-Local Tax Burden Rate (%): 7.0% Compared to Nat’l Avg. (9.9%): -2.89%

Key Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

Key Companies
General Communication Alaska Communications Systems First National Bank Alaska

Development Trend Indicator: Neutral
Oil-tax reform helps competitiveness but minimum-wage hike is threatened.

Based on CEO Survey by ChiefExecutive.net

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