Previous State: Maryland Next State: Hawaii
Based on CEO Survey by ChiefExecutive.net
| Key Metrics |
|---|
State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
|
| Key Companies |
|---|
|
| Development Trend Indicator: Positive |
|---|
| Gov. Corbett has resisted tax hikes and instituted some regulatory reforms. |
| CEO Comments |
|---|
| “God help anyone dealing with PA’s department of revenue.”
“I consider [Pennsylvania] the ‘stupid state’ not because it is consistently bad, but rather is inconsistent, which is far worse to plan business.” “Pennsylvania is by far the highest taxed for corporations but our workforce and those available to do work (welders, fitters, etc.) are the highest skilled. We also have an excellent group of colleges and universities in our area to supply us with engineers and other college-degreed employees. All of the states we are in except Pennsylvania are ‘right to work’ states and we are a non union shop.” “Pennsylvania Environmental regulations and their bureaucracy make it difficult to plan and build new projects in a timely manner.” |
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation
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