West Virginia is the 34th Best State for Business 2013

Previous State: Alaska Next State: Maine

No. 34West Virginia

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 
  • % Growth ’10-’11: 4.5
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): 3.0

Unemployment

  • Unemployment Rate Dec. 2012 %: 7.4
  • Comparison with Nat’l Rate (7.80%): -0.4

Domestic Migration

  • Domestic Net Migration ’10-’11: 2,814
  • Rank: 19

State Government

  • Debt per Capita Fiscal Year ’10 ($): 3,860
  • State & Local Gov’t Employees per 10k Residents: 558.5

State-Local Tax Burden

  • Rate (%): 8.9
  • Compared to Nat’l Avg. (9.9%): -0.96
Key Companies
  • International Coal Group Inc.
  • MTR Gaming
  • United Bankshares
Development Trend Indicator: Neutral
Maintains pro-business stance as it seeks to solve fracking dilemma.

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

Previous State: #33 Alaska Next State: #35 Maine

J.P. Donlon

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

Share
Published by
J.P. Donlon

Recent Posts

The All Blacks, The Haka And Why Rituals Matter More Than Leaders Think

As shown by the rugby champs, rituals matter not because they are dramatic, but because…

9 hours ago

The Bandwidth Crisis At The Top

More than 70 percent of CEOs are running above clinical stress thresholds, according to a…

1 day ago

To Win In 2026, Master The Laws Of ‘Culturenomics’

Adam Leipzig produced some of the most successful films of the last four decades by…

2 days ago

Why Dutch Bros CEO Christine Barone Wants You In The ‘Zone Of Discomfort’

On this week’s Corporate Competitor Podcast, Barone shares how embracing discomfort, setting audacious goals and…

3 days ago

How To Retire? ‘Declare Victory And Find Out What Else Is In You’

At 61, sooner than he thought, this ‘process driven’ CEO retired. He made a plan—and…

3 days ago

‘Bringing Play Back To The World’

Why—and how—a new high-tech experiential gaming concept is growing fast.

7 days ago