Top States For Business

10. Florida

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce2461419
Cost of Doing Business1613231
Infrastructure2111016
Economy270411 (Tie)
Quality of Life1812632
Technology & Innovation14817 (Tie)17
Education1032626 (Tie)
Business Friendliness772227
Cost of Living352827
Access to Capital371415
Overall14691016

Economic Profile

Governor: Rick Scott, Republican

Population: 20,271,272

GDP growth: 3.1 percent

Unemployment rate (May 2016): 4.7 percent

Top corporate tax rate: 5.5 percent

Top individual income tax rate: 0 percent

Gasoline tax: 54.98 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Walt Disney World Resort, Universal Orlando Resort, NextEra Energy, Inc.

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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