Indiana is the 5th Best State for Business 2013

Previous State: Tennessee Next State: Arizona

No. 5Indiana

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 
  • % Growth ’10-’11: 1.1
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.4

Unemployment

  • Unemployment Rate Dec. 2012 %: 8.3
  • Comparison with Nat’l Rate (7.80%): 0.5

Domestic Migration

  • Domestic Net Migration ’10-’11: -11,412
  • Rank: 43

State Government

  • Debt per Capita Fiscal Year ’10 ($): 3,650
  • State & Local Gov’t Employees per 10k Residents: 536.3

State-Local Tax Burden

  • Rate (%): 11.2
  • Compared to Nat’l Avg. (9.9%): 1.37
Key Companies
  • Eli Lilly and Company
  • Republic Airways Holdings Inc.
  • Wellpoint
  • Steel Dynamics
  • Cummins
  • Nisource
Development Trend Indicator: Sideways
Now trying to monetize friendlier profile resulting from right to work.
CEO Comments
“Indiana is showing the way.”

“Texas, Colorado and Indiana are certainly doing the things in tax and infrastructure to be attrative to business.”

“MI and IN becoming Right to Work is huge.”

“Indiana is getting more competitive every year and it is boosting the competitiveness of the surrounding states (except for Illinois).”

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

Previous State: #4 Tennessee Next State: #6 Arizona

J.P. Donlon

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

Share
Published by
J.P. Donlon

Recent Posts

Leading In The Age Of AI Agents

A human-AI workforce doesn’t eliminate the need for strong leadership—it transforms it. Here’s how to…

2 days ago

From $1,300 Startup To Behavior-Change Powerhouse

Through behavioral science, data-driven creativity and a culture that champions female leadership, Tim Berney and…

2 days ago

The C-Suite Superpower You’re Most Likely Missing

As leadership visibility and social influence become core business skills, a dedicated executive communicator turns…

3 days ago

Weakening Dollar: 5 Essential Questions CEOs Should Ask

Most American companies still treat currency as a finance issue. Treasury hedges it. Accounting reports…

3 days ago

That High Stakes Meeting Isn’t A Threat—It’s A Challenge

Changing your mindset can't change the situation, but it can drastically change the outcome. A…

3 days ago

CEO Confidence Flat In February Poll Amid Hopes For More Stability

After a shaky start to the year, CEO optimism is buoyed by steady demand and…

4 days ago