America's Top States For Business

46. Connecticut

Category Score 2014 Rank 2013 Rank
Cost of Doing Business804743
Workforce13432 (Tie)37
Quality of Life1961417
Infrastructure & Transportation1214249
Economy1204939
Education11055
Technology & Innovation1772121
Business Friendliness1062426
Cost of Living34848
Access to Capital227 (Tie)19
Overall10694645

Economic Profile

Governor: Dan Malloy, Democrat

Population: 3,596,080

GDP growth: 0.9 percent

Unemployment rate (May 2014): 6.9 percent

Top corporate tax rate: 7.5 percent

Top individual income tax rate: 6.7 percent

Gasoline tax: 68 cents/gallon

Bond rating/outlook: Aa3/stable

Major private employer: United Technologies Corp

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Hartford Business Journal

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