Delaware State Profile

Report Page Length: 5-8
Published: October 2009
   
   
Chapters Include:
The Big Picture Employment Data
Major Industry Update Local Real Estate Summary
Website Resources
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Delaware State Profile Excerpt

Delaware's business tax climate rates among best in US; higher personal income and real estate taxes, forecast to raise revenue, are offset by weak economy; strong fiscal management practices earn the state a bond rating of AAA.

  • State job growth fell 5.2% in August 2009 from a year ago; national job growth fell 4.4%.
  • State unemployment averaged 8.1% in August 2009; the national average was 9.7%
  • Personal income fell 1.3% to $35 billion in Q2 2009 from a year ago.
  • Tax revenue fell 25.1% in Q2 2009 from the previous year.
  • Exports fell 4.9% to $2.7 billion in the first seven months of 2009 from a year ago.
  • Venture capital investment in DE was $14.6 million in Q2 2009, up from $6.2 million a year ago.
 
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