America's Top States for Business 2019

37. Alabama

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Category Score 2019 Rank 2018 Rank Grade
Workforce2103536D
Economy2112737B-
Infrastructure2121018A-
Cost of Doing Business2062226B+
Quality of Life824948F
Education743747D+
Technology & Innovation743434D+
Business Friendliness663736D+
Access to Capital293030D+
Cost of Living4568A
[[link#105843737#Overall]]12093741-

Economic Profile

Governor: Kay Ivey, Republican

Population: 4,887,871

GDP growth (Q4 2018): 2.1%

Unemployment rate (May 2019): 3.7%

Top corporate tax rate: 6.5%

Top individual income tax rate: 5%

Gasoline tax: 21.21 cents/gallon

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

Major private employers: Wal-Mart, Regions Bank, Vulcan Materials Company

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 in 2019
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