South Dakota is the 18th Best State for Business 2013

J.P. Donlon

J.P. Donlon

Previous State: Wisconsin Next State: Kansas

No. 18South Dakota

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 0.8
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -0.7

Unemployment

  • Unemployment Rate Dec. 2012 %: 4.3
  • Comparison with Nat’l Rate (7.80%): -3.5

Domestic Migration

  • Domestic Net Migration ’10-’11: 2,610
  • Rank: 20

State Government

  • Debt per Capita Fiscal Year ’10 ($): 4,291
  • State & Local Gov’t Employees per 10k Residents: 545.7

State-Local Tax Burden

  • Rate (%): 7.8
  • Compared to Nat’l Avg. (9.9%): -2.11
Key Companies
  • Blask Hills Corp.
  • NorthWest Corp.
  • LodgeNet Interactive
Development Trend Indicator: Neutral
Resolute legislature has to keep knocking down efforts to boost sales taxes.

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

Previous State: #17 Wisconsin Next State: #19 Kansas


J.P. Donlon

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.

MORE LIKE THIS

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry

    • upcoming events

    SUBSCRIBE TO THE CEO BRIEFING

    In our weekly newsletter, get insight into the biggest issues facing CEOs, along with strategic ideas, solutions, and interviews.

    GET IN TOUCH

    Facebook Twitter Linkedin
    Chief Executive Group

    Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.

    Publications

    Communities

    About