Economic Growth

The U.S. Chamber of Commerce Foundation is dedicated to promoting initiatives that grow our nation's economy. 

Read the Foundation's report, The Growth Imperative, for more information about the importance of faster economic growth.

 

Indiana 2011

Indiana’s Place in the Rankings
7th Export Intensity
7th Budget Gap
8th Growth in Share of National Exports
10th Business Tax Climate
14th High School Advanced Placement Intensity
15th Cost of Living
17th Small Business Survival Index
17th Higher-ed Degree Output
20th Export Growth
20th Transportation Infrastructure Performance
23rd Export Intensity Growth
24th Short-term Job Growth
24th Median Family Income
25th Productivity Growth

North Dakota 2011

Centers of Excellence Program
The Center of Excellence program partners North Dakota campuses with business and invests directly in the infrastructure, research capacity, and commercialization capabilities at the state’s colleges and universities.
Over the past biennium, $20 million in state Centers of Excellence funding has leveraged more than $70 million in additional funding for research and development in agriculture, renewable energy, advanced manufacturing and business technology.

Tennessee 2011

Tennessee’s Place in the Rankings
2nd Cost of Living
4th State and Local Tax Burden
10th Growth in Share of National Exports
10th Budget Gap
11th Export Intensity
11th Small Business Survival Index
14th Entrepreneurial Activity
18th Export Growth
19th Business Birth Rate
21st Export Intensity Growth
22nd College Affordability
24th Transportation Infrastructure Performance

South Dakota 2011

South Dakota has worked to develop a tax and regulatory environment designed to encourage corporate and small business development through a comprehensive approach to minimizing tax and government regulatory issues.
The state offers businesses and individuals:
-No corporate income tax,
-No personal income tax,
-No personal property tax,
-No business inventory tax, and
-No inheritance tax.

Partly because of this enterprise-friendly environment, the state is home to a strong cadre of financial services companies.
South Dakota’s business and financial services cluster has added more than 9,000 jobs showing 24% growth since 2002.

North Carolina 2011

T
The Research Triangle Park was founded in January 1959 by a committee of government, university, and business leaders as a model for research, innovation, and economic development.
By establishing a place where educators, researchers, and businesses come together as collaborative partners, the founders of the Park hoped to change the economic composition of the region and state, thereby increasing the opportunities for the citizens of North Carolina.
The RTP vision was to provide a ready physical infrastructure that would attract research oriented companies.
Today, more than 42,000 full-time equivalent employees work in RTP with an estimated 10,000 contract workers. These employees have combined annual salaries of over $2.7 billion.

Kansas 2011

Kansas’ Place in the Rankings
6th Transportation Infrastructure Performance
7th Cost of Living
9th College Affordability
10th Median Family Income
14th Export Intensity Growth
15th Higher-ed Efficiency
16th Productivity Growth
16th Export Intensity
18th Growth in Share of National Exports
18th Budget Gap
21st Per Capita Income Growth
21st Export Growth
22nd Higher-ed Degree Output
23rd High-tech Share of All Businesses
24th Academic R&D Intensity
20th Educational Attainment

Oklahoma 2011

Oklahoma’s Place in the 2011 Enterprising States Rankings 3rd Cost of Living 4th Gross State Product Growth 4th Productivity Growth 6th Per Capita Income Growth 8th Higher-ed Efficiency 8th College Affordability 14th Long-term Job Growth 14th State and Local Tax Burden 15th Export Growth 16th STEM Job Growth 16th Transportation Infrastructure Performance 18th Business Birth Rate 18th Entrepreneurial Activity 21st Growth in Share of National Exports 21st Small Business Survival Index 22nd Budget Gap 24th Economic Output Per Job

South Carolina 2011

Job Development Credits (JDJDCs)

JDCs have been a great resource in attracting new job creation to South Carolina. JDCs are a discretionary, performance-based incentive that rebates a portion of new employees’ withholding taxes that can be used to address the specific needs of individual companies.

Qualifying businesses are eligible to receive a tax credit for each new full-time or full-time equivalent job created. A business must increase employment by a monthly average of ten new jobs.

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