South Dakota is 15th Best State for Business 2014

May 8, 2014

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP % Growth ’12-’13: 3.1 % Growth ’11-’12 v. Nat’l Avg. (2.5%): -2.3 Unemployment Unemployment Rate Dec. 2013 %: 3.6 Comparison with Nat’l Rate (6.70%): -3.1 Domestic Migration Domestic Net Migration 2013: 4,762 Rank: 15 State Government State Debt per Capita Fiscal Year ’13 ($): 4,551 State & Local Gov’t Employees per 10k Residents: 545.7 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
Blask Hills Corp. NorthWest Corp. LodgeNet Interactive

Development Trend Indicator: Positive
Employment shows vigor as legislature enacts economic-development package.

Based on CEO Survey by ChiefExecutive.net

Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation