Previous State: Hawaii Next State: Connecticut
Based on CEO Survey by ChiefExecutive.net
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: Positive |
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Leap to right-to-work follows business-tax overhaul, with more reforms likely. |
CEO Comments |
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“Michigan has turned the corner and has begun to attract the new jobs that come with the electrification of the automobile. In particular West Michigan is the right combination of people, business, government, and geography.”
“Love Michigan becoming a right to work state.” “Rated Michigan good because of recent right to work legislation.” “We are moving out of CA, MI, MA and NY in 2013 and terminating our employees there. The regulatory and tax environment has become untenable.” “MI and IN becoming Right to Work is huge.” “Michigan is FINALLY moving in the right direction” “Michigan is on its way back to fiscal solvency. Our companies are prepared to report profits that have exceeded our original expectations.” “Michigan with its new Right to Work laws has gotta be better for business. I like the way they’re going.” “Regulation, taxation and the overall cost of doing business in California and Michigan are difficult. The union mentality in Michigan makes finding quality employees very difficult.” “Governor Snyder has been a ‘game-changer’ for our state and its business environment. He has a strong business background and is not afraid to confront legacy issues that drag down an economy.” |
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation
Previous State: #43 Hawaii Next State: #45 Connecticut