America's Top States for Business 2018

37. Connecticut

Snow covers the roof of Aetna Inc. corporate headquarters in Hartford, Connecticut.
Ron Antonelli | Bloomberg | Getty Images
Category Score 2018 Rank 2017 Rank Grade
Workforce253167 (Tie)B+
Infrastructure1504747D
Cost of Doing Business884643 (Tie)F
Economy944541D
Quality of Life1762223C
Technology & Innovation1361713B
Education14193A-
Business Friendliness742632C
Access to Capital641820 (Tie)B-
Cost of Living84345F
[[link#105237323#Overall]]118437[[link#104395313#33]]-

Economic Profile

Governor: Dan Malloy, Democrat

Population: 3,588,184

GDP growth (Q4 2017): 2.4 percent

Unemployment rate (May 2018): 4.5 percent

Top corporate tax rate: 7.5 percent

Top individual income tax rate: 6.99 percent

Gasoline tax: 25 cents/gallon

Bond rating: (Moody's/S&P): A1, stable/A, stable

Major private employers: United Technologies Corp., General Electric Company

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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