America's Top States for Business 2017

38. New York

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce22439 (Tie)35
Infrastructure1404543
Cost of Doing Business844744
Economy1383310
Quality of Life1891922
Technology & Innovation16384
Education1475 (Tie)8
Business Friendliness3245 (Tie)45
Access to Capital97211
Cost of Living24949
[[link#104545209#Overall]]121638[[link#103606430#29]]

Economic Profile

Governor: Andrew Cuomo, Democrat

Population: 19,745,289

GDP growth (Q4 2016): 0.4 percent

Unemployment rate (May 2017): 4.4 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 8.82 percent

Gasoline tax: 43.54 cents/gallon

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

Major private employers: Consolidated Edison, JPMorgan Chase

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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