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Delaware : Economy
GeneralDelaware's agricultural economy consists of poultry, nursery stock, soybeans, dairy products and corn. Its industrial products include chemical products, cars, processed foods, paper products, and rubber and plastic products. Delaware's economy generally outperforms the national economy of the United States. The gross state product of Delaware in 2003 was $49 billion. The per capita personal income was $34,199, ranking 9th in the nation.
The state's largest employers are:
Business EnvironmentMore than half of the United States publicly traded companies and Fortune 500 companies are incorporated in the state of Delaware. Delaware is the home to 50% of business listed on the New York Stock Exchange. Companies are mainly attracted to Delaware's business friendly incorporation benefits and business tax laws. Delaware actively seeks and encourages enterprise and investment. To this end, Delaware has evolved the most modern and flexible business organization laws in the United States. Delaware has adopted modern banking and consumer credit laws and has reduced personal income taxes and established a nationwide reputation for innovative tax structure. All of the previous mentioned make Delaware an excellent chose for offshore business and business in general.
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