America's Top States for Business 2017

4. Texas

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce37618
Infrastructure25112 (Tie)
Cost of Doing Business2191523
Economy170251
Quality of Life12737 (Tie)37 (Tie)
Technology & Innovation1571110
Education8234 (Tie)40 (Tie)
Business Friendliness822418
Access to Capital9637
Cost of Living42921
[[link#104545209#Overall]]16024[[link#103354918#2]]

Economic Profile

Governor: Greg Abbott, Republican

Population: 27,862,596

GDP growth (Q4 2016): 3.4 percent

Unemployment rate (May 2017): 4.8 percent

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

Top individual income tax rate: None

Gasoline tax: 20 cents/gallon

Bond rating/outlook (Moody's, S&P): Aaa, AAA stable

Major private employers: H-E-B Super Market Chain, Exxon Mobil

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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