Top States for Business

44. Louisiana

Source: George Kavallines
Category Score 2016 Rank 2015 Rank
Workforce2142536
Cost of Doing Business241710
Infrastructure1643432
Economy1094648
Quality of Life1004745
Technology & Innovation684640
Education813942 (Tie)
Business Friendliness444031
Cost of Living561420
Access to Capital213028
Overall10984446

Economic Profile

Governor: John Bel Edwards, Democrat

Population: 4,670,724

GDP growth: 1.7 percent

Unemployment rate (May 2016): 6.3 percent

Top corporate tax rate: 8 percent

Top individual income tax rate: 6 percent

Gasoline tax: 38.41 cents/gallon

Bond rating/outlook: Aa3, negative

Major private employers: Ochsner Health System, CenturyLink

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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