A snowbird skiing in Utah.
Scott Markewitz | Getty Images
| Category | Score | 2018 Rank | 2017 Rank | Grade |
|---|---|---|---|---|
| Workforce | 265 | 11 | 18 | B+ |
| Infrastructure | 246 | 10 | 9 | B+ |
| Cost of Doing Business | 198 | 23 | 24 (Tie) | B |
| Economy | 251 | 2 | 4 | A+ |
| Quality of Life | 206 | 12 | 20 | B |
| Technology & Innovation | 133 | 19 | 18 (Tie) | B- |
| Education | 87 | 34 | 34 (Tie) | D+ |
| Business Friendliness | 103 | 12 | 16 | B |
| Access to Capital | 64 | 18 | 18 (Tie) | B- |
| Cost of Living | 29 | 22 | 17 | C+ |
| [[link#105237323#Overall]] | 1582 | 3 | [[link#104395435#8]] | - |
Economic Profile
Governor: Gary Herbert, Republican
Population: 3,101,833
GDP growth (Q4 2017): 2.2 percent
Unemployment rate (May 2018): 3.0 percent
Top corporate tax rate: 5 percent
Top individual income tax rate: 5 percent
Gasoline tax: 29.41 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: Intermountain Health Care, Extra Space Storage
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
