2014 Best & Worst States

Arkansas is the 28th Best State for Business 2013

J.P. Donlon

May 6, 2013

Previous State: Delaware Next State: Kentucky

No. 28Arkansas

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP % Growth ’10-’11: 0.3 % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.2 Unemployment Unemployment Rate Dec. 2012 %: 7.1 Comparison with Nat’l Rate (7.80%): -0.7 Domestic Migration Domestic Net Migration ’10-’11: 5,724 Rank: 17 State Government Debt per Capita Fiscal Year ’10 ($): 1,464 State & Local Gov’t Employees per 10k Residents: 585.3 State-Local Tax Burden Rate (%): 8.2 Compared to Nat’l Avg. (9.9%): -1.63

Key Metrics

State GDP

% Growth ’10-’11: 0.3
% Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.2

Unemployment

Unemployment Rate Dec. 2012 %: 7.1
Comparison with Nat’l Rate (7.80%): -0.7

Domestic Migration

Domestic Net Migration ’10-’11: 5,724
Rank: 17

State Government

Debt per Capita Fiscal Year ’10 ($): 1,464
State & Local Gov’t Employees per 10k Residents: 585.3

State-Local Tax Burden

Rate (%): 8.2
Compared to Nat’l Avg. (9.9%): -1.63

Key Companies
Wal-Mart Stores Inc. Dillard’s Tyson Foods Murphy Oil J.B. Hunt Transport

Development Trend Indicator: Neutral
Lots of pro-business talk but there’s not enough action in legislature.

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

Previous State: #27 Delaware Next State: #30 Kentucky

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Arkansas is the 28th Best State for Business 2013

No. 28Arkansas

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