George Kavallines | CNBC
| Category | Score | 2017 Rank | 2016 Rank |
|---|---|---|---|
| Workforce | 235 | 36 | 38 |
| Infrastructure | 189 | 18 | 21 (Tie) |
| Cost of Doing Business | 248 | 7 (Tie) | 17 |
| Economy | 166 | 26 | 48 |
| Quality of Life | 83 | 50 | 43 |
| Technology & Innovation | 104 | 31 (Tie) | 36 |
| Education | 51 | 47 | 46 |
| Business Friendliness | 61 | 33 (Tie) | 30 (Tie) |
| Access to Capital | 42 | 29 | 16 |
| Cost of Living | 39 | 12 | 4 |
| [[link#104545209#Overall]] | 1218 | 37 | [[link#103606598#38]] |
Economic Profile
Governor: Kay Ivey, Republican
Population: 4,863,300
GDP growth (Q4 2016): 2.2
Unemployment rate (May 2017): 4.9 percent
Top corporate tax rate: 6.5 percent
Top individual income tax rate: 5 percent
Gasoline tax: 23 cents/gallon
Bond rating/outlook (Moody's, S&P): Aa1, AA stable
Major private employers: Wal-Mart, Regions Bank, Vulcan Materials 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
