George Kavallines | CNBC
| Category | Score | 2017 Rank | 2016 Rank |
|---|---|---|---|
| Workforce | 313 | 13 | 29 |
| Infrastructure | 186 | 19 | 27 |
| Cost of Doing Business | 193 | 24 (Tie) | 12 |
| Economy | 203 | 9 | 7 |
| Quality of Life | 134 | 33 | 32 (Tie) |
| Technology & Innovation | 161 | 9 | 6 |
| Education | 113 | 23 | 19 |
| Business Friendliness | 78 | 25 | 30 (Tie) |
| Access to Capital | 68 | 17 | 4 |
| Cost of Living | 48 | 3 | 10 |
| [[link#104545209#Overall]] | 1497 | 11 | [[link#103602679#7]] |
Economic Profile
Governor: Rick Snyder, Republican
Population: 9,928,300
GDP growth (Q4 2016): 2.1 percent
Unemployment rate (May 2017): 4.2 percent
Top corporate tax rate: 6.0 percent
Top individual income tax rate: 4.25 percent
Gasoline tax: 40.94 cents/gallon
Bond rating/outlook (Moody's, S&P): Aa1, AA- 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
