Arkansas is the 29th Best State for Business 2014

May 8, 2014

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP % Growth ’12-’13: 2.4 % Growth ’11-’12 v. Nat’l Avg. (2.5%): -1.2 Unemployment Unemployment Rate Dec. 2013 %: 7.4 Comparison with Nat’l Rate (6.70%): 0.7 Domestic Migration Domestic Net Migration 2013: -2,031 Rank: 29 State Government State Debt per Capita Fiscal Year ’13 ($): 1,169 State & Local Gov’t Employees per 10k Residents: 585.3 State-Local Tax Burden Rate (%): 10.0% Compared to Nat’l Avg. (9.9%): 0.16%

Key Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

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

Development Trend Indicator: Neutral
Reduces some business taxes and manages to climb in job-growth rankings.

Based on CEO Survey by ChiefExecutive.net

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