Every state has at least some residents who are looking for greener pastures, but nowhere is the desire to move more prevalent than in Illinois and Connecticut. In both of these states, about half of residents say that if given the chance to move to a different state, they would like to do so. Maryland is a close third, at 47%. By contrast, in Montana, Hawaii, and Maine, just 23% say they would like to relocate. Nearly as few — 24% — feel this way in Oregon, New Hampshire, and Texas.
by JP Donlon
- % Growth ’11-’12: 1.9
- % Growth ’11-’12 v. Nat’l Avg. (2.5%): -0.6
- Unemployment Rate Dec. 2013 %: 8.6
- Comparison with Nat’l Rate (6.70%): 1.9
- Domestic Net Migration 2013: -67,313
- Rank: 49
- State Debt per Capita Fiscal Year ’13 ($): 5,569
- State & Local Gov’t Employees per 10k Residents: 503.1
State-Local Tax Burden
- Rate (%): 10.2%
- Compared to Nat’l Avg. (9.9%): 0.34%
Development Trend Indicator
Negative Anti-growth hot mess can only coast on Chicago’s economic engine for so long.
The US Chamber of Commerce Foundation put together a little pamphlet looking at municipal business regulations in 10 major American cities. They combine all the information into a somewhat arbitrary aggregate index, but some of the specific findings are striking. For example, if you want to start a professional services business in Chicago you are basically facing a dystopian nightmare.
Chicago also makes this relatively expensive with $900 in permitting fees, but New York charges even more — $1,306.