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.

 

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

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.

Texas 2011

Texas’ Place in the Rankings
1st Growth in Share of National Exports
2nd Export Intensity
3rd Small Business Survival Index
3rd Higher-ed Efficiency
4th Long-term Job Growth
4th Short-term Job Growth
5th Cost of Living
5th Job Placement Efficiency
6th State and Local Tax Burden
7th Entrepreneurial Activity
12th High-tech Share of All Businesses
12th Small Business Lending
13th Gross State Product Growth
13th Business Birth Rate
13th Business Tax Climate
13th High School Advanced Placement Intensity
14th Economic Output Per Job
14th Export Growth
14th STEM Job Growth
16th STEM Job Concentration
19th College Affordability
22nd Per Capita Income Growth
25th Median Family Income

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

New Hampshire 2011

New Hampshire Innovation Research Center
NHIRC was created by the legislature in 1991 for the purpose of creating high quality jobs through technology development and innovation.
NHIRC fosters collaboration between New Hampshire businesses and universities to promote applied and basic scientific research, engineering, and associated technology transfer.
NHIRC’s goal is to assist New Hampshire industry in becoming more competitive and, thereby, retain and increase employment.
NHIRC helps New Hampshire companies upgrade old products or develop new products. With NHIRC support, university-industry collaboration fosters innovation and helps to preserve and increase the number of jobs.

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