America's Top States for Business 2017

41. Arkansas

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce2313734
Infrastructure20012 (Tie)21 (Tie)
Cost of Doing Business2487 (Tie)9
Economy1403232
Quality of Life944750
Technology & Innovation564847
Education753836
Business Friendliness513942
Access to Capital3332 (Tie)39
Cost of Living4743
[[link#104545209#Overall]]117541[[link#103605783#41]]

Economic Profile

Governor: Asa Hutchinson, Republican

Population: 2,988,248

GDP growth (Q4 2016): 0.5 percent

Unemployment rate (May 2017): 3.4 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.9 percent

Gasoline tax: 22 cents/gallon

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

Major private employers: Tyson Foods, Wal-Mart Stores

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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