America's Top States for Business 2017

9. Tennessee

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce2951922
Infrastructure24222 (Tie)
Cost of Doing Business249610
Economy237521
Quality of Life10742 (Tie)46
Technology & Innovation1073024
Education763740 (Tie)
Business Friendliness1194 (Tie)6
Access to Capital602317
Cost of Living4475
[[link#104545209#Overall]]15369[[link#103602662#18]]

Economic Profile

Governor: Bill Haslam, Republican

Population: 6,651,194

GDP growth (Q4 2016): 1.5 percent

Unemployment rate (June 2017): TBD

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 5 percent

Gasoline tax: 21.40 cents/gallon

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

Major private employers: Covenant Health, FedEx

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

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