America's Top States for Business 2019

4. Utah

Getty Images
Category Score 2019 Rank 2018 Rank Grade
Workforce2581811C+
Economy29732A+
Infrastructure1931710B
Cost of Doing Business2171823B+
Quality of Life219912B-
Education992034B-
Technology & Innovation962119C+
Business Friendliness1181312B
Access to Capital501918B
Cost of Living262522C+
[[link#105843737#Overall]]157343-

Economic Profile

Governor: Gary Herbert, Republican

Population: 3,161,105

GDP growth (Q4 2018): 1.8%

Unemployment rate (May 2019): 2.9%

Top corporate tax rate: 4.95%

Top individual income tax rate: 5%

Gasoline tax: 30.01 cents/gallon

Bond rating (Moody's/S&P): Aaa, stable/AAA, stable

Major private employers: Intermountain Health Care, Extra Space Storage

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
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.