Arkansas is the 28th Best State for Business 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 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


J.P. Donlon

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

Share
Published by
J.P. Donlon

Recent Posts

Why CEOs Should Prep Communications Like A Politician

Being authentic doesn't mean forgetting the weight of your words, and while you may want…

3 days ago

Embrace the 80 Percent Solution

Capacity optimization is a new game these days, and other insights from the Chief Executive…

3 days ago

How AI Is Impacting DevOps

Your IT team should embrace artificial intelligence, argues Sacha Labourey, cofounder of CloudBees. Here’s how…

3 days ago

Why AI Bias Is A Growing Cybersecurity Concern

Here’s what organizations can do about it: Make sure there is continuous human involvement in…

3 days ago

How To Overcome Imposter Syndrome

Even the most successful CEOs can still be stymied by feelings of doubt. Here’s how…

4 days ago

Three Curiosity-Led Leadership Strategies To Motivate Your Team

Even when a strategy seems helpful, it’s also important to note where your actions might…

4 days ago