2014 Best & Worst States

Delaware is the 23rd Best State for Business 2014

J.P. Donlon

May 8, 2014

Previous State: Missouri Next State: New Hampshire

No. 23 Delaware

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP % Growth ’12-’13: 1.6 % Growth ’11-’12 v. Nat’l Avg. (2.5%): -2.3 Unemployment Unemployment Rate Dec. 2013 %: 6.2 Comparison with Nat’l Rate (6.70%): -0.5 Domestic Migration Domestic Net Migration 2013: 3,010 Rank: 18 State Government State Debt per Capita Fiscal Year ’13 ($): 6,932 State & Local Gov’t Employees per 10k Residents: 598.8 State-Local Tax Burden Rate (%): 9.2% Compared to Nat’l Avg. (9.9%): -0.66%

Key Metrics

State GDP

% Growth ’12-’13: 1.6
% Growth ’11-’12 v. Nat’l Avg. (2.5%): -2.3

Unemployment

Unemployment Rate Dec. 2013 %: 6.2
Comparison with Nat’l Rate (6.70%): -0.5

Domestic Migration

Domestic Net Migration 2013: 3,010
Rank: 18

State Government

State Debt per Capita Fiscal Year ’13 ($): 6,932
State & Local Gov’t Employees per 10k Residents: 598.8

State-Local Tax Burden

Rate (%): 9.2%
Compared to Nat’l Avg. (9.9%): -0.66%

Key Companies
Dupont Delphi Financial Wilmington Trust

Development Trend Indicator: Positive
Job growth booms; regulatory reform offsets modest minimum-wage increase.

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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Delaware is the 23rd Best State for Business 2014

No. 23 Delaware

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