Utah is the 13th Best State for Business 2014

Previous State: North Dakota Next State: Wisconsin

No. 13 Utah

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 
  • % Growth ’12-’13: 3.8
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): 0.9

Unemployment

  • Unemployment Rate Dec. 2013 %: 4.1
  • Comparison with Nat’l Rate (6.70%): -2.6

Domestic Migration

  • Domestic Net Migration 2013: 5,567
  • Rank: 13

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 2,939
  • State & Local Gov’t Employees per 10k Residents: 494.9

State-Local Tax Burden

  • Rate (%): 9.3%
  • Compared to Nat’l Avg. (9.9%): -0.58%
Key Companies
  • Overstock.com Inc.
  • Zions Bancorporation
  • Huntsman Corp.
  • Autoliv
  • Nu Skin
Development Trend Indicator: Neutral
Keeps knocking the lights out as it grows professional-services trade.


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.

Share
Published by
J.P. Donlon

Recent Posts

A CEO State Of Mind—In County Government

Why companies like Nokia are betting on Middlesex County, New Jersey—where smart governance meets private-sector…

1 day ago

How Kardex Remstar Is Working To Build American Automation

The warehouse automation equipment maker is investing in a strong supply chain by building production…

1 day ago

Six Questions To Bring Insight Back To Strategy

Strategy processes are getting squeezed. Answering these questions will set you up for building and…

1 day ago

Reliable AI Agents

The key lies in a progressive implementation of control mechanisms, each adding a new layer…

1 day ago

CEOs Of The Year On Succeeding In The Top Job

To celebrate the 40th CEO of the Year, we share some lessons learned along the…

1 day ago

‘A Good Time To Speak Up For Business’: The 2025 CEO Of The Year Celebration

Chief Executive Group CEO Marshall Cooper opens the 40th annual celebration, this year honoring Lilly’s…

2 days ago