America's Top States for Business 2017

50. West Virginia

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce1814940
Infrastructure1444439 (Tie)
Cost of Doing Business2614 (Tie)11
Economy495047
Quality of Life1253940
Technology & Innovation474949
Education723932
Business Friendliness224949
Access to Capital1247 (Tie)48
Cost of Living2922 (Tie)13
[[link#104545209#Overall]]94250[[link#103606801#47 (Tie)]]

Economic Profile

Governor: Jim Justice, Democrat

Population: 1,831,102

GDP growth (Q4 2016): 1.9 percent

Unemployment rate (May 2017): 4.5 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.5 percent

Gasoline tax: 32.20 cents/gallon

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

Major private employers: Wal-Mart, West Virginia United Health System, United Bankshares

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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