Top States For Business

41. Arkansas

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce1963412
Cost of Doing Business23894
Infrastructure19221 (Tie)35 (Tie)
Economy1593216 (Tie)
Quality of Life685044
Technology & Innovation654746
Education883635
Business Friendliness394237 (Tie)
Cost of Living72311 (Tie)
Access to Capital123938
Overall11294132

Economic Profile

Governor: Asa Hutchinson, Republican

Population: 2,978,204

GDP growth: 1.5 percent

Unemployment rate (May 2016): 3.8 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.9 percent

Gasoline tax: 40.20 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Tyson Foods, Wal-Mart Stores

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
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.