Missouri is the 31st 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: 0.0 % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.5 Unemployment Unemployment Rate Dec. 2012 %: 6.6 Comparison with Nat’l Rate (7.80%): -1.2 Domestic Migration Domestic Net Migration ’10-’11: -11,831 Rank: 44 State Government Debt per Capita Fiscal Year ’10 ($): 3,416 State & Local Gov’t Employees per 10k Residents: 557.3 State-Local Tax Burden Rate (%): 8.4 Compared to Nat’l Avg. (9.9%): -1.42

Key Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

Key Companies
Emerson Electric Monsanto Peabody Energy Express Scripts Charter Communications

Development Trend Indicator: Neutral
Hasn’t done enough to spiff up for business, but considering right-to-work.

CEO Comments
“Missouri law is that punitive damages cannot be covered by insurance. Why? The effect is that companies do not take claims to trial and settle out of court even if they would probably win. This gives too much power to the plaintiff attorneys.” “Business Development Departments of the Missouri and Kansas Chambers of Commerce are very supportive.”

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.