Illinois is the 48th Best State for Business 2014
Previous State: New Jersey Next State: New York
Taxations & Regulations
Workforce Quality
Living Environment
| Key Metrics |
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State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
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| Key Companies |
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| Development Trend Indicator: Negative |
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| Anti-growth hot mess can only coast on Chicago’s economic engine for so long. |
| CEO Comments |
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| “Corruption and union pensions have made Illinois a poor alternative for business. Continually avoiding to address and fix the problems have only exacerbated the situation. More conservative states are easier to work in and with.”
“Illinois is rated in the worst category; their taxing scheme is deleterious toward small business.The Illinois Dept of Revenue seems most adversarial with respect to small business support and promotion. The Illinois House assembly is inept in addressing the hard issues associated with putting the state’s financial condition in order; they are a taxing and spending machine with little regard to the consequences and impacts to its citizens and businesses.” “Illinois is a horrendous state in which to do business. It is governed by a class of incompetent, corrupt politicans. It’s like doing business in a third-world country.” |
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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