Categories: 2014 Best & Worst States

Vermont is the 39th Best State for Business 2013

Previous State: Mississippi Next State: Oregon

No. 39Vermont

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 
  • % Growth ’10-’11: 0.5
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): -1.0

Unemployment

  • Unemployment Rate Dec. 2012 %: 4.9
  • Comparison with Nat’l Rate (7.80%): -2.9

Domestic Migration

  • Domestic Net Migration ’10-’11: -841
  • Rank: 28

State Government

  • Debt per Capita Fiscal Year ’10 ($): 5,585
  • State & Local Gov’t Employees per 10k Residents: 641.0

State-Local Tax Burden

  • Rate (%): 10.9
  • Compared to Nat’l Avg. (9.9%): 0.99
Key Companies
  • Green Mountain Coffee
  • Casella Waste
  • Central Vermont Public Service Corp.
Development Trend Indicator: Neutral
Business fears new payroll tax to finance state’s outré single-payer health system.
CEO Comments
“Vermont delivers more business uncertainty than the Federal Government. Business faces a single payer Healthcare system in 2014 that provides more uncertainty than Obamacare.”

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

Previous State: #38 Mississippi Next State: #40 Oregon

J.P. Donlon

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

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Published by
J.P. Donlon
13 years ago

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