| RATINGS1 | DEVELOPMENT TREND INDICATOR | ||||||
|---|---|---|---|---|---|---|---|
| STATE | TAXATION AND REGULATION |
WORKFORCE QUALITY |
LIVING | DIRECTION | COMMENT | ||
| Alabama | 6.47 | 5.85 | 6.06 | ↔ | Pro-growth efforts overcome drag from federal cutbacks and Gulf oil spill. | ||
| Alaska | 6.07 | 5.52 | 3.78 | ↔ | New business-friendly state senate curbed proposed tax and regulation boosts. | ||
| Arizona | 6.95 | 7.10 | 7.94 | ↑ | This year sales tax expires and corporate income and property taxes fall. | ||
| Arkansas | 6.31 | 5.72 | 5.86 | ↔ | Lots of pro-business talk but there’s not enough action in legislature. | ||
| California | 1.58 | 6.02 | 7.00 | ↓ | Major income-tax hike in November hastens self-imposed economic decline. | ||
| Colorado | 5.97 | 7.42 | 8.61 | ↓ | Anti-business forces won 2012 elections and are delivering on promises. | ||
| Connecticut | 2.52 | 6.35 | 5.89 | ↔ | Trying to hold line on taxes and spending but solid-blue state lacks growth. | ||
| Delaware | 7.27 | 6.82 | 7.45 | ↓ | Advancing regulatory reform but suffering perceptual hit from Dems’ control. | ||
| Florida | 7.62 | 6.88 | 8.20 | ↓ | Business now assessing blow of Gov. Scott’s turnabout on Obamacare. | ||
| Georgia | 6.83 | 7.24 | 7.60 | ↓ | Must still address deficiencies in infrastructure and education system. | ||
| Hawaii | 2.49 | 4.07 | 7.63 | ↔ | Court struck down costly sick-leave law but replacement measure is unclear. | ||
| Idaho | 7.57 | 7.53 | 8.55 | ↔ | Legislature finally appears moving toward eliminating personal-property tax. | ||
| Illinois | 2.06 | 5.52 | 5.08 | ↓ | Keeps adding to toxic environment with new effort to boost minimum wage. | ||
| Indiana | 7.53 | 7.67 | 7.46 | ↔ | Now trying to monetize friendlier profile resulting from right to work. | ||
| Iowa | 6.17 | 7.34 | 6.80 | ↓ | Public-employee unions fight Gov. Branstad’s huge proposed property-tax cut. | ||
| Kansas | 6.88 | 7.34 | 7.22 | ↑ | Slashed income taxes as part of Gov. Brownback’s strong pro-business push. | ||
| Kentucky | 5.97 | 5.94 | 6.41 | ↓ | Blue-ribbon panel recommended service taxes and other business disincentives. | ||
| Louisiana | 7.25 | 7.03 | 7.72 | ↑ | Beefing up workforce development to finally escape Katrina’s shadow. | ||
| Maine | 3.14 | 4.86 | 6.05 | ↓ | Economically challenged state struggles to hold line on business penalties. | ||
| Maryland | 3.45 | 5.89 | 5.93 | ↓ | Passed major tax increases, now may boost minimum wage and sick leave. | ||
| Massachusetts | 2.65 | 6.54 | 5.57 | ↓ | Appears ready to boost income taxes and add services to sales tax. | ||
| Michigan | 3.85 | 5.14 | 4.99 | ↑ | Leap to right-to-work follows business-tax overhaul, with more reforms likely. | ||
| Minnesota | 3.97 | 7.76 | 7.15 | ↔ | Looking better to execs despite Gov. Dayton’s idea of big tax boosts. | ||
| Mississippi | 5.70 | 4.54 | 4.76 | ↓ | Quality-of-workforce issues remain drag on economically sluggish state. | ||
| Missouri | 5.80 | 6.52 | 6.40 | ↓ | Hasn’t done enough to spiff up for business, but considering right-to-work. | ||
| Montana | 7.35 | 7.05 | 7.55 | ↑ | Success of worker’s-comp reforms leads to help on business-equipment taxes. | ||
| Nebraska | 7.25 | 7.90 | 7.20 | ↑ | New budget surplus segues into push for comprehensive tax reform. | ||
| Nevada | 7.69 | 6.33 | 6.44 | ↔ | Economic slack offers business opportunities, but legislature is hostile. | ||
| New Hampshire | 6.68 | 6.92 | 7.28 | ↔ | Protecting status as overall tax haven of Northeast but seeking gas-tax rise. | ||
| New Jersey | 2.81 | 5.82 | 4.54 | ↑ | At least now the debate is over which tax to cut rather than to cut or raise taxes. | ||
| New Mexico | 4.63 | 5.05 | 6.94 | ↑ | Smiles at business by thwarting unions on bill regarding organizing drives. | ||
| New York | 2.01 | 5.95 | 5.01 | ↔ | Gov. Cuomo seems to be less concerned now about business-friendliness. | ||
| North Carolina | 7.08 | 7.76 | 8.26 | ↔ | Still needs to fix tax and regulatory issues that have been holding it back. | ||
| North Dakota | 8.48 | 7.48 | 5.93 | ↔ | State stays out of way of booms in energy production and agriculture. | ||
| Ohio | 5.31 | 6.74 | 6.25 | ↑ | Business appreciates Gov. Kasich’s help despite lots of legacy obstacles. | ||
| Oklahoma | 7.32 | 7.27 | 6.93 | ↑ | Finally addressing worker’s-comp woes to add to business-friendly setting. | ||
| Oregon | 3.48 | 6.46 | 7.02 | ↔ | Looks to tax and fee increases to finance yawning budget hole, but favors Nike. | ||
| Pennsylvania | 3.43 | 5.91 | 5.83 | ↑ | Gov. Corbett has resisted tax hikes and instituted some regulatory reforms. | ||
| Rhode Island | 2.69 | 4.62 | 5.31 | ↔ | Sky-high unemployment rate bespeaks continuing terrible business climate. | ||
| South Carolina | 7.54 | 7.01 | 8.22 | ↔ | Remains business-friendly but must close its unemployment-fund deficit. | ||
| South Dakota | 8.52 | 7.89 | 6.30 | ↔ | Resolute legislature has to keep knocking down efforts to boost sales taxes. | ||
| Tennessee | 8.20 | 7.36 | 7.85 | ↑ | Prospect of worker’s compensation reform makes it shine even brighter. | ||
| Texas | 8.72 | 8.06 | 7.82 | ↑ | Amazingly, the Lone Star State hasn’t let up and keeps building on its lead. | ||
| Utah | 7.87 | 8.40 | 8.19 | ↔ | Consolidating pro-business rep with more cuts in taxes and regulations. | ||
| Vermont | 2.53 | 4.76 | 5.71 | ↔ | Business fears new payroll tax to finance state’s outré single-payer health system. | ||
| Virginia | 7.11 | 7.68 | 8.01 | ↔ | Business hails new infrastructure spending but not resulting tax increases. | ||
| Washington | 4.38 | 6.63 | 6.84 | ↔ | Standoff between houses of legislature leaves financial reforms in the lurch. | ||
| West Virginia | 5.43 | 5.33 | 5.11 | ↔ | Maintains pro-business stance as it seeks to solve fracking dilemma. | ||
| Wisconsin | 5.59 | 7.41 | 7.24 | ↑ | Gov. Walker’s reelection was positive signal business leaders were seeking. | ||
| Wyoming | 8.81 | 7.49 | 7.49 | ↓ | 10-cents-a-gallon fuel-tax hike wasn’t good sign in basically pro-business state. | ||
| STATE GDP2 | UNEMPLOYMENT3 | ||||||
|---|---|---|---|---|---|---|---|
| STATE | % GROWTH 2010-2011 |
% 2010–2011 GROWTH vs. NAT’L AVERAGE (1.5%) |
UNEMPLOYMENT RATE % DEC. 2012 |
COMPARISON WITH NATIONAL UNEMPLOYMENT RATE % (7.8) |
|||
| Alabama | -1.8% | -2.3% | 6.8 | -1.0 | |||
| Alaska | 2.5% | 1.0% | 6.6 | -1.2 | |||
| Arizona | 1.5% | 0.0% | 7.9 | 0.1 | |||
| Arkansas | 0.3% | -1.2% | 7.1 | -0.7 | |||
| California | 2.0% | 0.5% | 9.8 | 2.0 | |||
| Colorado | 1.9% | 0.4% | 7.5 | -0.3 | |||
| Connecticut | 2.0% | 0.5% | 8.2 | 0.4 | |||
| Delaware | 1.6% | 0.1% | 7.1 | -0.7 | |||
| Florida | 0.5% | -1.0% | 7.9 | 0.1 | |||
| Georgia | 1.7% | 0.2% | 8.7 | 0.9 | |||
| Hawaii | -0.2% | -1.7% | 5.1 | -2.7 | |||
| Idaho | 0.6% | -0.9% | 6.3 | -1.5 | |||
| Illinois | 1.3% | -0.2% | 8.6 | 0.8 | |||
| Indiana | 1.1% | -0.4% | 8.3 | 0.5 | |||
| Iowa | 1.9% | 0.4% | 5 | -2.8 | |||
| Kansas | 0.5% | -1.0% | 5.5 | -2.3 | |||
| Kentucky | 0.5% | -1.0% | 8 | 0.2 | |||
| Louisiana | 0.5% | -1.0% | 5.6 | -2.2 | |||
| Maine | -0.4% | -1.9% | 7.2 | -0.6 | |||
| Maryland | 0.9% | -0.6% | 6.7 | -1.1 | |||
| Massachusetts | 2.2% | 0.7% | 6.7 | -1.1 | |||
| Michigan | 2.3% | 0.8% | 8.9 | 1.1 | |||
| Minnesota | 1.2% | -0.3% | 5.4 | -2.4 | |||
| Mississippi | -0.8% | -2.3% | 8.9 | 1.1 | |||
| Missouri | 0.0% | -1.5% | 6.6 | -1.2 | |||
| Montana | 0.0% | -1.5% | 5.6 | -2.2 | |||
| Nebraska | 0.1% | -1.4% | 3.8 | -4.0 | |||
| Nevada | 1.2% | -0.3% | 9.8 | 2.0 | |||
| New Hampshire | 1.5% | 0.0% | 5.7 | -2.1 | |||
| New Jersey | -0.5% | -2.0% | 9.5 | 1.7 | |||
| New Mexico | 0.2% | -1.3% | 6.6 | -1.2 | |||
| New York | 1.1% | -0.4% | 8.2 | 0.4 | |||
| North Carolina | 1.8% | 0.3% | 9.4 | 1.6 | |||
| North Dakota | 7.6% | 6.1% | 3.2 | -4.6 | |||
| Ohio | 1.1% | -0.4% | 6.7 | -1.1 | |||
| Oklahoma | 1.0% | -0.5% | 5.1 | -2.7 | |||
| Oregon | 4.7% | 3.2% | 8.3 | 0.5 | |||
| Pennsylvania | 1.2% | -0.3% | 7.9 | 0.1 | |||
| Rhode Island | 0.8% | -0.7% | 9.9 | 2.1 | |||
| South Carolina | 1.2% | -0.3% | 8.6 | 0.8 | |||
| South Dakota | 0.8% | -0.7% | 4.3 | -3.5 | |||
| Tennessee | 1.9% | 0.4% | 7.6 | -0.2 | |||
| Texas | 3.3% | 1.8% | 6.2 | -1.6 | |||
| Utah | 2.0% | 0.5% | 5.4 | -2.4 | |||
| Vermont | 0.5% | -1.0% | 4.9 | -2.9 | |||
| Virginia | 0.3% | -1.2% | 5.6 | -2.2 | |||
| Washington | 2.0% | 0.5% | 7.5 | -0.3 | |||
| West Virginia | 4.5% | 3.0% | 7.4 | -0.4 | |||
| Wisconsin | 1.1% | -0.4% | 6.7 | -1.1 | |||
| Wyoming | -1.2% | -2.7% | 4.9 | -2.9 | |||
| DOMESTIC MIGRATION4 | STATE GOVERNMENT5 | STATE-LOCAL TAX BURDEN6 | ||||
|---|---|---|---|---|---|---|
| STATE | DOMESTIC NET MIGRATION (2001-2009) |
RANK | DEBT PER CAPITA FISCAL YEAR 2010 |
STATE & LOCAL GOV’T EMPLOYEES PER 10,000 RESIDENTS |
RATE | COMPARED TO NATIONAL AVERAGE (9.9%) |
| Alabama | 87,199 | 14 | 1,841 | 615.3 | 8.33% | -1.68% |
| Alaska | -7,360 | 29 | 9,032 | 766.00 | 1.77% | -2.89% |
| Arizona | 696,793 | 3 | 2,188 | 473.07 | 9.12% | -1.45% |
| Arkansas | 75,163 | 16 | 1,464 | 585.3 | 8.58% | 0.16% |
| California | -1,490,105 | 50 | 4,008 | 504.6 | 8.11% | 1.37% |
| Colorado | 202,735 | 10 | 3,335 | 541.9 | 7.44% | -0.77% |
| Connecticut | -94,376 | 42 | 8,465 | 537.4 | 6.35% | 2.41% |
| Delaware | 45,424 | 18 | 6,157 | 598.8 | 0% | -0.66% |
| Florida | 1,154,213 | 1 | 2,155 | 489.5 | 6.62% | -0.55% |
| Georgia | 550,369 | 5 | 1,426 | 545.7 | 6.84% | -0.9% |
| Hawaii | -29,022 | 33 | 5,682 | 559.8 | 4.35% | 0.24% |
| Idaho | 110,279 | 13 | 2,478 | 538.6 | 6.02% | -0.49% |
| Illinois | -614,616 | 49 | 4,790 | 503.1 | 8.2% | 0.34% |
| Indiana | -21,467 | 32 | 3,650 | 536.3 | 7% | -0.27% |
| Iowa | -49,589 | 40 | 1,690 | 611.2 | 6.81% | -0.28% |
| Kansas | -67,762 | 41 | 2,276 | 676.7 | 8.26% | -0.21% |
| Kentucky | 81,711 | 15 | 3,323 | 582.7 | 6% | -0.51% |
| Louisiana | -311,368 | 45 | 3,861 | 605.1 | 8.85% | -2.11% |
| Maine | 29,260 | 23 | 4,542 | 580.7 | 5% | 0.4% |
| Maryland | -95,775 | 43 | 4,250 | 535.2 | 6% | 0.33% |
| Massachussets | -274,772 | 44 | 11,310 | 517.5 | 6.25% | 0.57% |
| Michigan | -537,471 | 48 | 3,251 | 491.0 | 6% | -0.02% |
| Minnesota | -46,635 | 39 | 2,206 | 541.8 | 7.18% | 0.93% |
| Mississippi | -36,061 | 35 | 2,182 | 647.7 | 7% | -1.17% |
| Missouri | 41,278 | 20 | 3,416 | 557.3 | 7.49% | -0.91% |
| Montana | 39,853 | 21 | 4,430 | 585.2 | 0% | -1.25% |
| Nebraska | -39,275 | 36 | 1,279 | 642.0 | 6.77% | -0.17% |
| Nevada | 361,512 | 6 | 1,646 | 431.9 | 7.93% | -1.63% |
| New Hampshire | 32,588 | 22 | 6,341 | 550.0 | 0% | -1.76% |
| New Jersey | -451,407 | 47 | 6,944 | 593.0 | 6.97% | 2.56% |
| New Mexico | 26,383 | 24 | 4,261 | 680.4 | 7.24% | -1.42% |
| New York | -1,649,644 | 51 | 6,694 | 634.5 | 8.48% | 2.9% |
| North Carolina | 663,892 | 4 | 1,983 | 599.7 | 6.85% | -0.05% |
| North Dakota | -18,071 | 31 | 3,282 | 649.5 | 6.39% | -0.96% |
| Ohio | -361,038 | 46 | 2,703 | 534.6 | 6.75% | -0.15% |
| Oklahoma | 42,284 | 19 | 2,664 | 597.9 | 8.66% | -1.13% |
| Oregon | 177,375 | 11 | 3,533 | 509.2 | 0% | 0.1% |
| Pennsylvania | -33,119 | 34 | 3,526 | 478.4 | 6.34% | 0.38% |
| Rhode Island | -45,159 | 38 | 9,018 | 510.8 | 7% | 0.99% |
| South Carolina | 306,045 | 7 | 3,419 | 577.2 | 7.13% | -1.49% |
| South Dakota | 7,182 | 27 | 4,291 | 545.7 | 5.39% | -2.28% |
| Tennessee | 259,711 | 8 | 922 | 527.8 | 9.45% | -2.15% |
| Texas | 838,126 | 2 | 1,679 | 563.9 | 8.14% | -1.93% |
| Utah | 53,390 | 17 | 2,356 | 494.9 | 6.68% | -0.58% |
| Vermont | -1,505 | 28 | 5,585 | 641.0 | 6.14% | 0.25% |
| Virginia | 164,930 | 12 | 3,131 | 574.0 | 5% | -0.61% |
| Washington | 239,037 | 9 | 4,098 | 527.3 | 8.8 | -0.57% |
| West Virginia | 17,727 | 26 | 3,860 | 558.5 | 6% | -0.15% |
| Wisconsin | -11,981 | 30 | 3,929 | 503.0 | 5.43% | 1.21% |
| Wyoming | 22,883 | 25 | 2,694 | 918.3 | 5.34% | -2.09% |
Sources: Sources: 1Chief Executive Magazine, 2Bureau of Economic Analysis, 3Bureau of Labor Statistics, 4NewGeography.com, 5,6The Tax Foundation
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
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2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
