A freshly cooked lobster from a pot in Portland, Maine.
Justin Sullivan | Getty Images
| Category | Score | 2018 Rank | 2017 Rank | Grade |
|---|---|---|---|---|
| Workforce | 108 | 50 | 50 | F |
| Infrastructure | 140 | 48 | 48 | D- |
| Cost of Doing Business | 177 | 27 | 32 (Tie) | B- |
| Economy | 110 | 43 | 38 | D+ |
| Quality of Life | 195 | 15 | 7 | B- |
| Technology & Innovation | 76 | 38 | 41 (Tie) | D- |
| Education | 111 | 22 | 20 (Tie) | C+ |
| Business Friendliness | 67 | 34 | 36 | C- |
| Access to Capital | 39 | 30 | 40 | D+ |
| Cost of Living | 13 | 38 | 38 | D- |
| [[link#105237323#Overall]] | 1036 | 45 | [[link#104395359#46]] | - |
Economic Profile
Governor: Paul LePage, Republican
Population: 1,335,907
GDP growth (Q4 2017): 2.6 percent
Unemployment rate (May 2018): 2.8 percent
Top corporate tax rate: 8.93 percent
Top individual income tax rate: 7.15 percent
Gasoline tax: 30.01 cents/gallon
Bond rating (Moody's/S&P): Aa2, stable/AA, stable
Major private employers: Hannaford Brothers Co., Avangrid
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
