America's Top States for Business 2019

35. Connecticut

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Category Score 2019 Rank 2018 Rank Grade
Workforce2611516C+
Economy1384345D
Infrastructure1474347D+
Cost of Doing Business1004346D
Quality of Life1942022C+
Education11889A-
Technology & Innovation1051817B
Business Friendliness992126C+
Access to Capital472018B-
Cost of Living84343F
[[link#105843737#Overall]]12173537-

Economic Profile

Governor: Ned Lamont, Democrat

Population: 3,572,045

GDP growth (Q4 2018): 1.8%

Unemployment rate (May 2019): 3.8%

Top corporate tax rate: 7.5%

Top individual income tax rate: 6.99%

Gasoline tax: 36.85 cents/gallon

Bond rating: (Moody's/S&P): A1, stable/A, positive

Major private employers: United Technologies Corp., General Electric 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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