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| Category | Score | 2019 Rank | 2018 Rank | Grade |
|---|---|---|---|---|
| Workforce | 244 | 23 | 10 | C- |
| Economy | 213 | 24 | 16 | B- |
| Infrastructure | 164 | 33 | 18 | C |
| Cost of Doing Business | 193 | 27 | 19 | B |
| Quality of Life | 155 | 31 | 33 | D+ |
| Education | 63 | 43 | 28 | D- |
| Technology & Innovation | 129 | 6 | 3 | A |
| Business Friendliness | 98 | 22 | 25 | C+ |
| Access to Capital | 53 | 16 | 15 | B |
| Cost of Living | 46 | 5 | 4 | A |
| [[link#105843737#Overall]] | 1358 | 24 | 11 | - |
Economic Profile
Governor: Gretchen Whitmer, Democrat
Population: 9,995,915
GDP growth (Q4 2018): 2.4%
Unemployment rate (May 2019): 4.2%
Top corporate tax rate: 6%
Top individual income tax rate: 4.25%
Gasoline tax: 42.86 cents/gallon
Bond rating (Moody's/S&P): Aa1, stable/AA, stable
Major private employers: Ford Motor Co., The Dow Chemical 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
