America's Top States for Business 2018

27. New York

The Wall Street bull in New York.
Doug Armand | Getty Images
Category Score 2018 Rank 2017 Rank Grade
Workforce2243239 (Tie)C+
Infrastructure1584445D
Cost of Doing Business1104247D
Economy1562333C+
Quality of Life2021419B-
Technology & Innovation17248A+
Education14935 (Tie)A
Business Friendliness244845 (Tie)F
Access to Capital9722A+
Cost of Living44749F
[[link#105237323#Overall]]129627[[link#104395394#38]]-

Economic Profile

Governor: Andrew Cuomo, Democrat

Population: 19,849,399

GDP growth (Q4 2017): 0.0 percent

Unemployment rate (May 2018): 4.5 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 8.82 percent

Gasoline tax: 44.69 cents/gallon

Bond rating (Moody's/S&P): Aa1, stable/AA+, stable

Major private employers: Consolidated Edison, JPMorgan Chase

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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