Global arena.com growth competitiveness us states benchmark

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After the economic turbulence overall FDI is back on the rise. Emerging economies such as China are looking for investment opportunities abroad. To capture growth, secure talent supply and reduce risks global corporations reshape their international footprint.
Despite FDI into G20 economies is declining, the USA are with 25% of the FDI total a big and attractive market. On national level the USA is one of the most competitive countries with unique
advantages to attract foreign investments. Global-Arena.com’s interactive analysis to the growth competitiveness of the US States on level unveils the big differences in comparative advantages between the 50 States.

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Global arena.com growth competitiveness us states benchmark

  1. 1. July 10, 2012 www.global-arena.com 1
  2. 2. Executive Summary After the economic turbulence overall FDI is back on the rise. Emerging economies such as China are looking for investment opportunities abroad. To capture growth, secure talent supply and reduce risks global corporations reshape their international footprint. Despite FDI into G20 economies is declining, the USA are with 25% of the FDI total a big and attractive market. On national level the USA is one of the most competitive countries with unique advantages to attract foreign investments. Global-Arena.com’s interactive analysis to the growth competitiveness of the US States on level unveils the big differences in comparative advantages between the 50 States: •  California, Texas and Massachussets offer most attractive business environments, despite their tax climates •  Populated States California, Texas, Florida, New York and New Jersey rank top on growth factors, including entrepreneurial activity and international accessibility •  California, Utah and Massachussets score highest on talent factors: California out performs with its 11 top listed universities and its relatively young and highly educated population •  Mississippi, Montana and Alabama offer the most attractive governance environment with competitive tax climates, combined with significantly low labour costsJuly 10, 2012 www.global-arena.com 2
  3. 3. Growth Competitiveness of the USA •  USA leading nation in many aspects: •  Largest homogenous market (regulation, logistics, etc) •  Home of most leading international corporations (Forbes 500) •  Most top listed universities (Times Higher Education Ranking 2012) •  Leading on consumer trends. •  USA attracts 25% of worldwide foreign direct investments (UNCTAD, 2011) because of its: •  profitability market expansion opportunities •  preferred destination for doing business •  new product and services development. •  USA top ranked on many international competitiveness surveys: •  Nr 5 on World Economic Forum Global Competitiveness Report 2011-2012 •  Nr 2 on IMD World Competitiveness Scoreboard 2012 •  Nr 8 on World Economic Forum Global Information Technology Report 2012 •  Nr 2 on Global-Arena.com Global Site Location Ranking 2012July 10, 2012 www.global-arena.com 3
  4. 4. Overall Ranking Growth Competitiveness US States California     100%   Montana     46%   MassachuseVs     93%   Vermont     44%   Texas     93%   Delaware     43%   Utah     91%   Missouri     43%   Florida     88%   South  Dakota     43%   Arizona     84%   Indiana     43%   New  York     84%   Idaho     43%   Washington     82%   Rhode  Island     32%   New  Jersey     82%   Wisconsin     31%   Colorado     82%   Tennessee     29%   Maryland     80%   Louisiana     28%   Alaska     78%   Iowa     27%   ConnecKcut     74%   New  Mexico     24%   Illinois     69%   Ohio     24%   Minnesota     65%   Mississippi     23%   New  Hampshire     64%   Alabama     22%   Kansas     59%   Michigan     21%   Virginia     58%   Arkansas     18%   Georgia     55%   Kentucky     14%   North  Carolina     55%   South   14%   Oregon     54%   Carolina     Maine     14%   Nevada     53%   Wyoming     13%   Hawaii     52%   Oklahoma     10%   Nebraska     50%   North  Dakota     4%   Pennsylvania     49%   West  Virginia     1%  July 10, 2012 www.global-arena.com 4
  5. 5. Key Findings California   •  California, Texas and Massachussets offer most Economic   Growth   6   attractive business environments, despite their less Labour  Costs   4   Entrepreneuri al  Ac8vity   favorable tax climates 2   0   Interna8onal   Tax  Climate   Accessibility   •  Biggest populated States California, Texas, Florida, -­‐2   New York and New Jersey rank top on growth Governance   Quality   Talent  Supply   factors, including entrepreneurial activity, Quality  of  Life   Educa8on   Quality   international accessibility (internet infrastructure and California     Average   proximity to international airports) •  California, Utah and Massachussets rank on top for Florida   talent factors, in particular California out performs Economic   Growth   3   with its 11 top listed universities, its relatively young Labour  Costs   2   1   Entrepreneuri al  Ac8vity   and highly educated population and above average Tax  Climate   0   -­‐1   Interna8onal   Accessibility   quality of living -­‐2   Governance   •  Mississippi, Montana and Alabama offer the most Quality   Talent  Supply   Educa8on   attractive governance environments with competitive Quality  of  Life   Quality   tax climates, combined with relatively low labour Florida     Average   costsJuly 10, 2012 www.global-arena.com 5
  6. 6. Ranking Component: Economic Growth Data Series Used Top  15  States   • US Census Bureau Population Size California     100%   • US Census Bureau Population Texas     98%   change 2012-2030 Florida     98%   • GDP per capita New  York     92%   New  Jersey     91%   Maryland     90%   Arizona     85%   MassachuseVs     84%   Analysis Virginia     84%   • California offers of all States the most Washington     82%   favourable economic growth potential ConnecKcut     82%   because of its on average high GDP per Nevada     78%   capita, population size and forecasted Minnesota     71%   population growth New  Hampshire     71%   • Populated States such as Texas, Florida, New York and New Jersey show Illinois     70%   comparable features 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   • Arizona is expected to have the highest population growthJuly 10, 2012 www.global-arena.com 6
  7. 7. Ranking Component: Entrepreneurial Activity Data Series Used Top  15  States   • Kauffman Foundation California     100%   Entrepreneurial Index Texas     97%   • US States Patent Office number of Arizona     96%   patents granted per capita New  York     90%   Colorado     83%   Florida     79%   Missouri     73%   Alaska     71%   Analysis Nevada     69%   • Arizona shows the highest Idaho     68%   entrepreneurial activity of all States Vermont     68%   • California combines a significantly Georgia     65%   high rate of entrepreneurial activity Kentucky     63%   with significantly high figures on ConnecKcut     62%   patents granted per capita. Maine     58%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  July 10, 2012 www.global-arena.com 7
  8. 8. Ranking Component: International Accessibility Data Series Used Top  15  States   • US Department of Transportation California     97%   Total nr. of international flights of New  York     96%   international airports • Pandonetworks average download MassachuseVs     96%   speed (kilobytes per second) New  Jersey     95%   Illinois     95%   Florida     95%   Maryland     92%   Analysis Texas     91%   • California ranks on top as it comes down to international accessibility Georgia     91%   because of its highest number of Rhode  Island     90%   international flights from its three Pennsylvania     88%   international airports, despite the fact Delaware     84%   that it scores average on download speed Washington     80%   • Rhode Island, New Jersey and Colorado     74%   Massachussets rank on top of highest North  Carolina     69%   quality internet connections. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  July 10, 2012 www.global-arena.com 8
  9. 9. Ranking Component: Talent Supply Data Series Used Top  15  States   • US Institute of Education % of Utah     100%   population over 25 with a graduate Maryland     98%   or professional degree MassachuseVs     93%   • US Census Bureau % of population ConnecKcut     91%   under age of 18 Colorado     89%   Virginia     88%   Alaska     88%   Texas     86%   New  York     81%   Analysis Georgia     81%   • With the largest % of population Illinois     80%   under age of 18 it are Utah and California     79%   Texas how rank on top of talent New  Jersey     77%   supply Kansas     71%   • Massachussets, California and Arizona     70%   Maryland outperform on highest 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   educated populationJuly 10, 2012 www.global-arena.com 9
  10. 10. Ranking Component: Education Quality Data Series Used Top  15  States   • American Institute of Physics California     100%   scores of students on math, science MassachuseVs     100%   and reading tests New  York     100%   • Times Higher Education number of Illinois     88%   top listed US universities in global Pennsylvania     84%   top 200 ranking Indiana     77%   • Times Higher Education total score Maryland     75%   of listed universities in global top 200 Virginia     74%   ranking Minnesota     72%   Georgia     72%   Analysis New  Jersey     70%   • With its 11 top listed universities it is New  Hampshire     70%   California that significantly scores highest on education quality, followed Texas     64%   by Massachussets, New York and North  Carolina     63%   Illinois Florida     63%   Students in New Jersey, New 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   Hampshire and Massachussets score best on math, science and reading testsJuly 10, 2012 www.global-arena.com 10
  11. 11. Ranking Component: Quality of Life Data Series Used Top  15  States   • Gallup Health Well Being Index (e.g. Hawaii     98%   life evaluation, basic access, work North  Dakota     98%   environment, etc.) Minnesota     94%   Utah     93%   Alaska     93%   Kansas     87%   Analysis Colorado     87%   • Gallup Health’s Well Being Index Nebraska     85%   indicates Hawaii and North Dakota as New  Hampshire     84%   the best places to live with respect to Montana     81%   life evaluation, basic access and work South  Dakota     77%   environment. Vermont     76%   • States such as Minnesota, Utah and Alaska also rank high on quality of life. Maryland     74%   Virginia     70%   MassachuseVs     70%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  July 10, 2012 www.global-arena.com 11
  12. 12. Ranking Component: Governance Quality Data Series Used Top  15  States   • State Integrity Investigation New  Jersey     98%   Corruption Risk Index (e.g. Public ConnecKcut     98%   Access to information, Executive Washington     95%   Accountability, Political Financing, California     93%   etc.) Nebraska     91%   Mississippi     89%   Iowa     87%   Analysis Tennessee     81%   • New Jersey, Connecticut and Rhode  Island     78%   Washington rank on top of offering the Kansas     78%   most attractive environment when it MassachuseVs     74%   comes to governance quality. These Illinois     74%   States score best on the corruption risk assessment by the State Integrity Hawaii     74%   Investigation Oregon     70%   Missouri     66%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  July 10, 2012 www.global-arena.com 12
  13. 13. Ranking Component: Tax Climate Data Series Used Top  15  States   • Tax Foundation Wyoming     97%   • Corporate Tax Rate South  Dakota     96%   • Employee Tax Rate Nevada     96%   • Sales Tax Rate Alaska     95%   • Unemployment Insurance Tax Montana     94%   Rate Florida     92%   • Property Tax Rate Delaware     89%   Utah     87%   Indiana     82%   Analysis •  With regards to the tax climate States Missouri     82%   such as Wyoming, South Dakota, Oregon     79%   Nevada, Alaska, Montana and Florida Oklahoma     74%   offer the most attractive business Alabama     73%   environment: most of them don’t charge Arizona     72%   employee taxes and far below average Washington     69%   corporate and property taxes. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  July 10, 2012 www.global-arena.com 13
  14. 14. Ranking Component: Labour Costs Data Series Used Top  15  States   • US Department of Commerce: Mississippi     96%   • average wage per job Idaho     95%   • % change in wage and salary Maine     91%   disbursements Montana     91%   South  Dakota     89%   New  Mexico     89%   Alabama     89%   Arkansas     87%   Vermont     78%   Analysis •  On average labour costs are South  Carolina     77%   significantly lower in the less populated Missouri     75%   States, with the lowest costs in Nebraska     73%   Mississippi, Idaho, Maine and Montana Kansas     73%   Iowa     73%   Kentucky     72%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  July 10, 2012 www.global-arena.com 14
  15. 15. Have a look yourself Looking for high growth locations with a secure talent supply and a low cost business environment in the USA? Click here to visit the interactive analysis and adjust the sliders and find out where you can capture growthJuly 10, 2012 www.global-arena.com 15
  16. 16. Appendices •  About Global-Arena.com •  Data sourcesJuly 10, 2012 www.global-arena.com 16
  17. 17. Global-Arena.com Global-Arena.com is the leading secure online matching platform that brings together companies, investors and business locations worldwide. Using a unique scientific algorithm and objective and independent data sources Global-Arena.com is able to: •  Analyse and compare attractiveness of business locations in support of its clients growth strategies; •  Provide understandings of economic statistics, trends and forecasts of global business environments, complemented with tools for analytics, visualisation and scenario analysis; •  Search and analyse growth, expansion and relocation, opportunities worldwide With it’s Go-Global Solutions Enterprise Location Planning and Economic Development Planning Global-Arena.com provides companies and governments an integrated 360-degree view and comparative advantages analysis of the Market, Business Environment and Talent supply. To learn more about how Global-Arena.com’s can support your site selection processes, visit our website www.global-arena.com or contact: Peter Storm CEO info@global-arena.com www.global-arena.comJuly 10, 2012 www.global-arena.com 17
  18. 18. Data Sources used per Location Factor Growth  Factors   Sources   Talent  Factors   Sources   Governance   Sources   Factors   Economic  Growth   US  Census  Bureau   Talent  Supply   US  Census   Corrup8on   State  Integrity   • Popula8on  Size     • %  popula8on  under  age   Inves8ga8on  Corrup8on   • Popula8on  change   of  18   Risk   2012-­‐2030     US  Ins8tute  of  Educa8on   • GDP  per  capita     • %  of  popula8on  over  25   with  a  graduate  or   professional  degree   Entrepreneurial  Ac8vity   Kauffman  Founda8on   Educa8on  Quality   Times  Higher  Educa8on   Tax  Climate   Tax  Founda8on     • Entrepreneurial  Index   • Nr  of  top  200  listed   • Corporate  Tax  Rate   US  Department  of  Trade   universi8es   • Sales  Tax  Rate   • Nr  of  patents  granted  per   • Total  score  of  listed   • Property  Tax  Rate   capita   universi8es   • Employee  Tax  Rate   American  Ins8tute  of   • Unemployment   Physics   Insurance  Tax   • Score  of  students  on   math,  science  and   readings  tests   Interna8onal  Accessibility   Pandonetworks   Quality  of  Life   Gallup  Health  Well  Being   Labour  Costs   US  Department  of   • Internet  download  speed   Index   Commerce   (kilobytes  per  second)   •  Average  wage  per   • US  Department  of   job   Transporta8on   •  %  change  in  wage   • Total  nr  of  interna8onal   and  salary   from  interna8onal   disbursements   airports  July 10, 2012 www.global-arena.com 18

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