America's Top States for Business 2018

42. Kentucky

A worker puts the finishing touches on bourbon barrels before they are sent to the shipping department at the Brown-Forman Cooperage in Louisville, Kentucky.
Ty Wright | Bloomberg | Getty Images
Category Score 2018 Rank 2017 Rank Score
Workforce1294947F
Infrastructure25176A-
Cost of Doing Business233103A
Economy894729 (Tie)D-
Quality of Life1243741D-
Technology & Innovation863638D
Education763930 (Tie)D
Business Friendliness274644F
Access to Capital393027D+
Cost of Living351610B
[[link#105237323#Overall]]108942[[link#104395350#35]]-

Economic Profile

Governor: Matt Bevin, Republican

Population: 4,454,189

GDP growth (Q4 2017): 2.7 percent

Unemployment rate (May 2018): 4.1 percent

Top corporate tax rate: 6 percent

Top individual income tax rate: 6 percent

Gasoline tax: 26 cents/gallon

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

Major private employers: Humana, Yum! Brands

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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