Top States For Business

32. California

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce2202126
Cost of Doing Business844949
Infrastructure1653328 (Tie)
Economy24387
Quality of Life1872315 (Tie)
Technology & Innovation20122
Education853832 (Tie)
Business Friendliness85050
Cost of Living64746
Access to Capital492 (Tie)1 (Tie)
Overall12483227

Economic Profile

Governor: Jerry Brown, Democrat

Population: 39,144,818

GDP growth: 4.1 percent

Unemployment rate (May 2016): 5.2 percent

Top corporate tax rate: 8.84 percent

Top individual income tax rate: 12.3 percent

Gasoline tax: 58.83 cents/gallon

Bond rating/outlook: Aa3, stable

Major private employers: Kaiser Permanente, Apple

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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