America's Top States for Business 2019

28. Pennsylvania

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Category Score 2019 Rank 2018 Rank Grade
Workforce2343113D+
Economy1453941D+
Infrastructure1832437B-
Cost of Doing Business1683025C+
Quality of Life1533234D+
Education11297B+
Technology & Innovation1121313B+
Business Friendliness802931C-
Access to Capital6566A-
Cost of Living232832C-
[[link#105843737#Overall]]12752822-

Economic Profile

Governor: Tom Wolf, Democrat

Population: 12,807,060

GDP growth (Q4 2018): 2.5%

Unemployment rate (May 2019): 3.8%

Top corporate tax rate: 9.99%

Top individual income tax rate: 3.07%

Gasoline tax: 58.70 cents/gallon

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

Major private employers: Knouse Foods Cooperative, Comcast

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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