Indiana is the 6th Best State for Business 2014

Previous State: South Carolina Next State: Arizona

No. 06 Indiana

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 
  • % Growth ’12-’13: 2.1
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): 0.8

Unemployment

  • Unemployment Rate Dec. 2013 %: 6.9
  • Comparison with Nat’l Rate (6.70%): 0.2

Domestic Migration

  • Domestic Net Migration 2013: -1,179
  • Rank: 25

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 3,227
  • State & Local Gov’t Employees per 10k Residents: 536.3

State-Local Tax Burden

  • Rate (%): 9.6%
  • Compared to Nat’l Avg. (9.9%): -0.27%
Key Companies
  • Eli Lilly and Company
  • Republic Airways Holdings Inc.
  • Wellpoint
  • Steel Dynamics
  • Cummins
  • Nisource
Development Trend Indicator: Positive
Presses friendliness by trimming several taxes; right to work blossoms.
CEO Comments
“I have plants in Kentucky, Indiana and Ohio. Indiana is by far the best of the three for business climate. Ohio is gaining in recent years. But Kentucky remains mired in the past in terms of education and labor relations. And the state treasury’s own fiscal condition is ominous—at some point in the future that will make things even worse for business in Kentucky.” 

“Indiana rocks. Having strong government leadership and a balanced budget trickles down to decisions that affect the business environment.”


Based on CEO Survey by ChiefExecutive.net

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

J.P. Donlon

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

Share
Published by
J.P. Donlon

Recent Posts

How Michelin Is Shifting Gears

CEO Cabe shares how the company well-known for tires is putting more than a century…

2 days ago

Artificial Harmony Is Costing Your Leadership Team More Than Conflict Ever Could

On the surface, everything looks and feels aligned. Underneath, dissent goes unspoken, accountability erodes and…

3 days ago

The Most Effective Executives Don’t Manage Time, They Command It

Time management asks a tactical question: How do I fit everything in? Time ownership asks…

3 days ago

Want To Build A Family Business That Lasts? Create Rituals

Rituals surface founding values in visible and repeatable ways, transforming abstract principles into lived experiences,…

3 days ago

How Power Digital Turned ‘People-First’ Into A Growth Engine

CEO Jeff Mason explains how proprietary commerce data, disciplined measurement and a culture built for…

5 days ago

New Tariff Uncertainty: The 5 Essential Tactical Questions

There’s far more unknown than known about what happens next following the Supreme Court’s ruling.…

6 days ago