Vermont is the 39th Best State for Business 2014

Previous State: Oregon Next State: Rhode Island

No. 39 Vermont

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 
  • % Growth ’12-’13: 1.9
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -1.3

Unemployment

  • Unemployment Rate Dec. 2013 %: 4.2
  • Comparison with Nat’l Rate (6.70%): -2.5

Domestic Migration

  • Domestic Net Migration 2013: -653
  • Rank: 22

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 5,787
  • State & Local Gov’t Employees per 10k Residents: 641

State-Local Tax Burden

  • Rate (%): 10.1%
  • Compared to Nat’l Avg. (9.9%): 0.25%
Key Companies
  • Green Mountain Coffee
  • Casella Waste
  • Central Vermont Public Service Corp.
  • Ben & Jerry’s
Development Trend Indicator: Negative
State-led Obamacare revolution and now businesses are paying the price.
CEO Comments
“Vermont has very aggressive tax practices. High taxes, over-regulated, tremendous bureaucracies.”


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

CEO Confidence Flat In February Poll Amid Hopes For More Stability

After a shaky start to the year, CEO optimism is buoyed by steady demand and…

4 hours ago

From Photo Film Maker To Biopharma Giant

CEO Lars Petersen shares how Fujifilm took advantage of technological competencies to pivot and build…

3 days ago

Championship Conditions: What Leaders Must Build First To Win Under Pressure

When results wobble, elite teams don’t grit their teeth—they rely on conditions built long before…

4 days ago

OpenClaw: A New Class Of Autonomous AI Requires Attention

The rapidly spreading autonomous agentic AI system highlights how agent-based technologies are advancing faster than…

4 days ago

SailPoint CEO Mark McClain Says A Work-Life Imbalance Should Only Be Temporary

When work swallows everything, it’s not a badge of honor—it’s a warning. In this week’s…

6 days ago

From Restaurant Closure To National Brand

How Shivani Dhamija shut down a failing concept, pivoted to packaged foods and built Shivani’s…

6 days ago