Maine is the 35th Best State for Business 2013

Previous State: West Virginia Next State: Washington

No. 35Maine

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 
  • % Growth ’10-’11: -0.4
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.9

Unemployment

  • Unemployment Rate Dec. 2012 %: 7.2
  • Comparison with Nat’l Rate (7.80%): -0.6

Domestic Migration

  • Domestic Net Migration ’10-’11: -1,000
  • Rank: 30

State Government

  • Debt per Capita Fiscal Year ’10 ($): 4,542
  • State & Local Gov’t Employees per 10k Residents: 580.7

State-Local Tax Burden

  • Rate (%): 9.7
  • Compared to Nat’l Avg. (9.9%): -0.15
Key Companies
  • INDEXX Laboratories
  • Wright Express
  • Camden National
Development Trend Indicator: Negative
Economically challenged state struggles to hold line on business penalties.

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

Previous State: #34 West Virginia Next State: #36 Washington

J.P. Donlon

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

Share
Published by
J.P. Donlon

Recent Posts

What It Takes To Grow Right Now

Winning today takes a combination of AI, technology adaption and trust. A lot of trust.…

8 hours ago

In The Age Of AI, Anyone Can Build. Now What?

‘AI is fundamentally changing how we innovate, and the pace will not wait for us.…

2 days ago

Calm In The Chaos: A CEO’s Approach To Crisis

CEO Yellen shares lessons learned from leading a global restoration firm: 'Disasters are unpredictable, but…

2 days ago

Five Legal Risks Every CEO Should Be Managing Right Now—And How To Prepare

2026 has already demonstrated the unpredictability in where, what and how much litigation companies face.…

2 days ago

In June Poll, CEO Confidence Edges Higher Again  

Chief Executive’s latest poll finds CEOs slightly more confident in current conditions, even as geopolitics,…

4 days ago

When Entire Teams Walk: How CEOs Should Prepare For Group Lift-Outs

Coordinated team departures are spreading across industries, creating new risks for talent retention, client stability…

7 days ago