Previous State: Minnesota Next State: Maine
No. 35 West Virginia
Taxations & Regulations
Workforce Quality
Living Environment
Key Metrics |
State GDP
- % Growth ’12-’13: 5.1
- % Growth ’11-’12 v. Nat’l Avg. (2.5%): 0.8
Unemployment
- Unemployment Rate Dec. 2013 %: 5.9
- Comparison with Nat’l Rate (6.70%): -0.8
Domestic Migration
- Domestic Net Migration 2013: -1,894
- Rank: 28
State Government
- State Debt per Capita Fiscal Year ’13 ($): 4,375
- State & Local Gov’t Employees per 10k Residents: 558.5
State-Local Tax Burden
- Rate (%): 9.7%
- Compared to Nat’l Avg. (9.9%): -0.15%
|
Key Companies |
- International Coal Group Inc.
- MTR Gaming
- United Bankshares
|
Development Trend Indicator: Neutral |
Cut in worker’s comp rates helps offset troubles besetting coal industry. |
Based on CEO Survey by ChiefExecutive.net
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation