America's Top States for Business 2017

1. Washington

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce352511
Infrastructure17332 (Tie)39 (Tie)
Cost of Doing Business16332 (Tie)30
Economy25736
Quality of Life22458
Technology & Innovation17231
Education1191924
Business Friendliness653130 (Tie)
Access to Capital82810
Cost of Living143737
[[link#104545209#Overall]]16211[[link#103602519#6]]

Economic Profile

Governor: Jay Inslee, Democrat

Population: 7,288,000

GDP growth (Q4 2016): 3.1 percent

Unemployment rate (May 2017): 4.5 percent

Top corporate tax rate: None (levies a gross receipts tax)

Top individual income tax rate: None

Gasoline tax: 49.40 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa1, AA+ stable

Major private employers: Costco Wholesale, Microsoft

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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

America's Top States for Business 2017
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