America's Top States for Business 2018

25. California

California wine.
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Category Score 2018 Rank 2017 Rank Grade
Workforce2611210B+
Infrastructure2032422C+
Cost of Doing Business744849F
Economy2161122 (Tie)A-
Quality of Life1832121C
Technology & Innovation18112A+
Education893228D+
Business Friendliness85050F
Access to Capital10011A+
Cost of Living24948F
[[link#105237323#Overall]]131725[[link#104395306#28]]-

Economic Profile

Governor: Jerry Brown, Democrat

Population: 39,536,653

GDP growth (Q4 2017): 3.4 percent

Unemployment rate (May 2018): 4.2

Top corporate tax rate: 8.84 percent

Top individual income tax rate: 12.3 percent

Gasoline tax: 41.70 cents/gallon

Bond rating: (Moody's/S&P): Aa3, stable/AA-, stable

Major private employers: Kaiser Permanente, Apple

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 2018
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