A worker uses a heat gun to smooth out the wrinkles on a car seat during production at the Lear Corp. manufacturing facility in Hammond, Indiana.
Jim Young | Bloomberg | Getty Images
| Category | Score | 2018 Rank | 2017 Rank | Grade |
|---|---|---|---|---|
| Workforce | 189 | 40 | 35 | C- |
| Infrastructure | 279 | 2 | 3 | A+ |
| Cost of Doing Business | 245 | 5 | 2 | A+ |
| Economy | 175 | 20 | 10 (Tie) | B- |
| Quality of Life | 100 | 46 | 45 | F |
| Technology & Innovation | 114 | 28 | 26 | C |
| Education | 85 | 35 | 29 | D+ |
| Business Friendliness | 126 | 4 | 8 (Tie) | A- |
| Access to Capital | 58 | 24 | 24 | C+ |
| Cost of Living | 41 | 10 | 2 | A- |
| [[link#105237323#Overall]] | 1412 | 16 | [[link#104395339#14]] |
Economic Profile
Governor: Eric Holcomb, Republican
Population: 6,666,818
GDP growth (Q4 2017): 2.7 percent
Unemployment rate (May 2018): 3.2 percent
Top corporate tax rate: 6.25 percent
Top individual income tax rate: 3.23 percent
Gasoline tax: 41.90 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: Wal-Mart, St. Vincent Health, Eli Lilly and 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
