Top States For Business

33. Pennsylvania

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Cost of Doing Business1983340
Workforce1563433
Infrastructure1623535 (Tie)
Economy1244246
Quality of Life1632936 (Tie)
Technology & Innovation1711211 (Tie)
Education11021 (Tie)16 (Tie)
Business Friendliness593535
Cost of Living243534
Access to Capital391211
Overall12063340

Economic Profile

Governor: Tom Wolf, Democrat

Population: 12,802,503

GDP growth: 1.7 percent

Unemployment rate (May 2016): 5.5 percent

Top corporate tax rate: 9.99 percent

Top individual income tax rate: 3.07 percent

Gasoline tax: 68.70 cents/gallon

Bond rating/outlook: Aa3, negative

Major private employers: Knouse Foods Cooperative, Comcast

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence

America's Top States for Business 2016
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