Idaho is the 21st Best State for Business 2013

Previous State: Wyoming Next State: Ohio

No. 21Idaho

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 
  • % Growth ’10-’11: 0.6
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.9

Unemployment

  • Unemployment Rate Dec. 2012 %: 6.3
  • Comparison with Nat’l Rate (7.80%): -1.5

Domestic Migration

  • Domestic Net Migration ’10-’11: -256
  • Rank: 26

State Government

  • Debt per Capita Fiscal Year ’10 ($): 2,478
  • State & Local Gov’t Employees per 10k Residents: 538.6

State-Local Tax Burden

  • Rate (%): 10.4
  • Compared to Nat’l Avg. (9.9%): 0.57
Key Companies
  • Micron Technology
  • Boise Inc.
  • MWI Veterinary Supplies
Development Trend Indicator: Neutral
Legislature finally appears moving toward eliminating personal-property tax.
CEO Comments
“We are closing our offices in California and relocataing to either Texas or perhaps Idaho”

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

Previous State: #20 Wyoming Next State: #22 Ohio

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.

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J.P. Donlon

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