CNBC's tenth annual study once again puts all 50 states to the test, measuring them on more than 60 different metrics in ten key categories of competitiveness.

7. Michigan

Published Tue, Jul 12 20164:40 PM EDTUpdated Mon, Jun 12 20173:12 PM EDT

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Source: George Kavallines

Category	Score	2016 Rank	2015 Rank
Workforce	207	29	25
Cost of Doing Business	228	12	17 (Tie)
Infrastructure	186	27	26
Economy	246	7	29
Quality of Life	152	32 (Tie)	48
Technology & Innovation	187	6	8
Education	114	19	25
Business Friendliness	61	30 (Tie)	36
Cost of Living	62	10	7
Access to Capital	47	4	4
Overall	1490	7	22

Economic Profile

Governor: Rick Snyder, Republican

Population: 9,922,576

GDP growth: 1.4 percent

Unemployment rate (May 2016): 4.7 percent

Top corporate tax rate: 6.0 percent

Top individual income tax rate: 4.25 percent

Gasoline tax: 49.91 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Ford Motor Co., The Dow Chemical Company

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