| Key Metrics |
|---|
State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
|
| Key Companies |
|---|
|
| Development Trend Indicator: Positive |
|---|
| Shreds of hope in new laws in the margins, but just glad for Silicon Valley. |
| CEO Comments |
|---|
| “California goes out of its way to be anti-business and particularly where one might put manufacturing and/or distribution operations.”
“California continues to lead in disincentives for growth businesses to stay.” “California’s attitude toward business makes you question why anyone would build a business there.” “We relocated our corporate office from Los Angeles to Atlanta in 2006 largely because of the regulatory and unfriendly tax environment in the state of California. We considered Dallas, but settled on Atlanta for customer-related and other secondary or marginal reasons. Would make the same decision if I had to do it all over again.” “California could hardly do more to discourage business if that was the goal. The regulatory, tax and political environment are crushing. The only saving grace is that there are still a lot of affluent areas that drive local economic zones, but the trend line on these is not good for the mid- to long-term.” |
Based on CEO Survey by ChiefExecutive.net
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation
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