Arizona is the 6th Best State for Business 2013

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP % Growth ’10-’11: 1.5 % Growth ’10-’11 v. Nat’l Avg. (1.5%): 0.0 Unemployment Unemployment Rate Dec. 2012 %: 7.9 Comparison with Nat’l Rate (7.80%): 0.1 Domestic Migration Domestic Net Migration ’10-’11: 13,150 Rank: 11 State Government Debt per Capita Fiscal Year ’10 ($): 2,188 State & Local Gov’t Employees per 10k Residents: 473.1 State-Local Tax Burden Rate (%): 9.1 Compared to Nat’l Avg. (9.9%): -0.77

Key Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

Key Companies
Freeport-McMoran Avnet Republic Services

Development Trend Indicator: Positive
This year sales tax expires and corporate income and property taxes fall.

CEO Comments
“Arizona provides the best economic and social conditions, with room to grow, for business.” “I’ve met four or five people over the past two weeks who are moving from California to Arizona because of the punitive taxation on the so called rich. The mad exodus has begun.”

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

J.P. Donlon

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