GEORGIA: Pennsylvania, a state that several hundred thousand small businesses call home. Nearly half of all private sector jobs in Pennsylvania fall under the small business umbrella.
Pennsylvania bounced back after the recession its unemployment rate is the lowest it’s been in seven years, according to the U.S. Bureau of Labor Statistics. Regionally, the Pittsburgh area saw economic recovery sooner than most U.S. metro areas.
Pennsylvania’s key industries include energy, technology, advanced manufacturing, life sciences, film and aviation, according to the state’s community and economic development department. The state has its challenges.
The corporate income tax is higher than in most states, and businesses must navigate a difficult permitting and regulatory system to get up and running.
