America's Top States for Business 2017

45. Rhode Island

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce2712723 (Tie)
Infrastructure955050
Cost of Doing Business9543 (Tie)45
Economy15029 (Tie)45
Quality of Life14231 (Tie)24
Technology & Innovation1003435
Education11720 (Tie)20
Business Friendliness5337 (Tie)39
Access to Capital2044 (Tie)45
Cost of Living94243
[[link#104545209#Overall]]105245[[link#103606704#50]]

Economic Profile

Governor: Gina Raimondo, Democrat

Population: 1,056,426

GDP growth (Q4 2016): 1.6 percent

Unemployment rate (May 2017): 4.1 percent

Top corporate tax rate: 7.0 percent

Top individual income tax rate: 5.99 percent

Gasoline tax: 34 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa2, AA stable

Major private employers: Lifespan, CVS Health

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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