America's Top States for Business 2018

2. Washington

Boeing 747 jets are built in the company's factory at Paine Field in Everett, Washington.
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Category Score 2018 Rank 2017 Rank Grade
Workforce30525A+
Infrastructure1963132 (Tie)C+
Cost of Doing Business1623332 (Tie)C+
Economy24543A+
Quality of Life22555B+
Technology & Innovation16663A
Education1311219B+
Business Friendliness693231C-
Access to Capital81118A-
Cost of Living143737D
[[link#105237323#Overall]]15942[[link#104395451#1]]-

Economic Profile

Governor: Jay Inslee, Democrat

Population: 7,405,743

GDP growth (Q4 2017): 3.1 percent

Unemployment rate (May 2018): 4.7 percent

Top corporate tax rate: None (levies a gross receipts tax)

Top individual income tax rate: None

Gasoline tax: 49.40 cents/gallon

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

Major private employers: Costco Wholesale, Microsoft

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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