Alabama is the 16th Best State for Business 2013

Previous State: North Dakota Next State: Wisconsin

No. 16Alabama

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 
  • % Growth ’10-’11: -0.8
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -2.3

Unemployment

  • Unemployment Rate Dec. 2012 %: 6.8
  • Comparison with Nat’l Rate (7.80%): -1.0

Domestic Migration

  • Domestic Net Migration ’10-’11: 1,974
  • Rank: 23

State Government

  • Debt per Capita Fiscal Year ’10 ($): 1,841
  • State & Local Gov’t Employees per 10k Residents: 615.3

State-Local Tax Burden

  • Rate (%): 9.7
  • Compared to Nat’l Avg. (9.9%): -0.21
Key Companies
  • HealthSouth
  • Regions Financial
  • Vulcan Materials
Development Trend Indicator: Positive
Pro-growth efforts overcome drag from federal cutbacks and Gulf oil spill.
CEO Comments
“Alabama’s immigration law has run off all the quality help in restaurants, farms, landscapers, contractors, etc.”

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

Previous State: #15 North Dakota Next State: #17 Wisconsin

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.

Share
Published by
J.P. Donlon

Recent Posts

From Photo Film Maker To Biopharma Giant

CEO Lars Petersen shares how Fujifilm took advantage of technological competencies to pivot and build…

2 days ago

Championship Conditions: What Leaders Must Build First To Win Under Pressure

When results wobble, elite teams don’t grit their teeth—they rely on conditions built long before…

3 days ago

OpenClaw: A New Class Of Autonomous AI Requires Attention

The rapidly spreading autonomous agentic AI system highlights how agent-based technologies are advancing faster than…

3 days ago

SailPoint CEO Mark McClain Says A Work-Life Imbalance Should Only Be Temporary

When work swallows everything, it’s not a badge of honor—it’s a warning. In this week’s…

5 days ago

From Restaurant Closure To National Brand

How Shivani Dhamija shut down a failing concept, pivoted to packaged foods and built Shivani’s…

5 days ago

Just How Different Are Public And Private Firms? 

A new survey examines how public and private companies manage short-term demands against long-term strategy—and…

5 days ago