Top States For Business

25. Arizona

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce274514 (Tie)
Cost of Doing Business1184040
Infrastructure20016 (Tie)9 (Tie)
Economy2101536 (Tie)
Quality of Life15232 (Tie)31
Technology & Innovation1392224 (Tie)
Education624749
Business Friendliness101813
Cost of Living303128
Access to Capital232825
Overall13092534

Economic Profile

Governor: Doug Ducey, Republican

Population: 6,828,065

GDP growth: 0.9 percent

Unemployment rate (May 2016): 5.6 percent

Top corporate tax rate: 5.5 percent

Top individual income tax rate: 4.54 percent

Gasoline tax: 37.40 cents/gallon

Bond rating/outlook: Aa2, stable

Major private employers: Banner Health, Southern Copper Corp.

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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