America's Top States for Business 2019

39. Kentucky

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Category Score 2019 Rank 2018 Rank Score
Workforce1984049D-
Economy1064647F
Infrastructure23127A
Cost of Doing Business263110A+
Quality of Life1254037D-
Education833139C-
Technology & Innovation663636D
Business Friendliness354546F
Access to Capital302930D+
Cost of Living381316B+
[[link#105843737#Overall]]11753942-

Economic Profile

Governor: Matt Bevin, Republican

Population: 4,468,402

GDP growth (Q4 2018): 1.8%

Unemployment rate (May 2019): 4%

Top corporate tax rate: 5%

Top individual income tax rate: 5%

Gasoline tax: 26 cents/gallon

Bond rating (Moody's/S&P): Aa3, stable/A, stable

Major private employers: Humana, Yum! Brands

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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