America's Top States for Business 2019

42. Arkansas

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Category Score 2019 Rank 2018 Rank Grade
Workforce2033943D-
Economy1573639D+
Infrastructure1892012B-
Cost of Doing Business25231A+
Quality of Life765050F
Education724142D
Technology & Innovation504447F
Business Friendliness663740D+
Access to Capital263336D+
Cost of Living4832A+
[[link#105237323#Overall]]11394240-

Economic Profile

Governor: Asa Hutchinson, Republican

Population: 3,013,825

GDP growth (Q4 2018): 1.5%

Unemployment rate (May 2019): 3.6%

Top corporate tax rate: 6.5%

Top individual income tax rate: 6.9%

Gasoline tax: 21.80 cents/gallon

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

Major private employers: Tyson Foods, Wal-Mart Stores

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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