Oregon is the 38th Best State for Business 2014

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP % Growth ’12-’13: 2.7 % Growth ’11-’12 v. Nat’l Avg. (2.5%): 1.4 Unemployment Unemployment Rate Dec. 2013 %: 7 Comparison with Nat’l Rate (6.70%): 0.3 Domestic Migration Domestic Net Migration 2013: 10,215 Rank: 12 State Government State Debt per Capita Fiscal Year ’13 ($): 3,913 State & Local Gov’t Employees per 10k Residents: 509.2 State-Local Tax Burden Rate (%): 10.0% Compared to Nat’l Avg. (9.9%): 0.10%

Key Metrics

State GDP

Unemployment

Domestic Migration

State Government

State-Local Tax Burden

Key Companies
Nike Precision CastParts StanCorp Financial Schnitzer Street

Development Trend Indicator: Neutral
Keeps loading on taxes and entitlements but job growth soars anyway.

CEO Comments
“Oregon is going to kill the small business owner’s incentives to remain in the state if the 13.6% maximum state income tax passes in November of 2014. Many of the successful small business owners will relocate to Washington state (0% income tax) or other states.”

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.