America's Top States for Business 2017

8. Utah

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce2971812
Infrastructure212913
Cost of Doing Business19324 (Tie)19 (Tie)
Economy24743
Quality of Life1862013
Technology & Innovation13118 (Tie)16
Education8234 (Tie)23
Business Friendliness1001610
Access to Capital6618 (Tie)24
Cost of Living341722
[[link#104545209#Overall]]15488[[link#103601691#1]]

Economic Profile

Governor: Gary Herbert, Republican

Population: 3,051,217

GDP growth (Q4 2016): 3.2 percent

Unemployment rate (May 2017): 3.2 percent

Top corporate tax rate: 5 percent

Top individual income tax rate: 5 percent

Gasoline tax: 29.41 cents/gallon

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

Major private employers: Intermountain Health Care, Extra Space Storage

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
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.