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No. 29 Arkansas
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 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