Maryland is the 41st Best State for Business 2013

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP % Growth ’10-’11: 0.9 % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.6 Unemployment Unemployment Rate Dec. 2012 %: 6.7 Comparison with Nat’l Rate (7.80%): -1.1 Domestic Migration Domestic Net Migration ’10-’11: -2,994 Rank: 34 State Government Debt per Capita Fiscal Year ’10 ($): 4,250 State & Local Gov’t Employees per 10k Residents: 535.2 State-Local Tax Burden Rate (%): 7.6 Compared to Nat’l Avg. (9.9%): -2.28

Key Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

Key Companies
Lockheed Martin Constellation Energy Marriott

Development Trend Indicator: Negative
Passed major tax increases, now may boost minimum wage and sick leave.

CEO Comments
“VA, NC, MD, and TN all have strong business climates and excellent educational systems. They promote business. They want to and do help ongoing and new business.” “California and Maryland have a ton to do to improve relations with business. They are driving businesses out of their states.”

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.