America's Top States for Business 2019

5. Washington

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Category Score 2019 Rank 2018 Rank Grade
Workforce32532A
Economy28954A
Infrastructure1573931C-
Cost of Doing Business1643233C+
Quality of Life23255B
Education1091112B+
Technology & Innovation13926A+
Business Friendliness683532D+
Access to Capital62911A-
Cost of Living133837D-
[[link#105843737#Overall]]155852-

Economic Profile

Governor: Jay Inslee, Democrat

Population: 7,535,591

GDP growth (Q4 2018): 3.1%

Unemployment rate (May 2019): 4.7%

Top corporate tax rate: None (levies a gross receipts tax)

Top individual income tax rate: None

Gasoline tax: 49.40 cents/gallon

Bond rating (Moody's/S&P): Aa1, stable/AA+, stable

Major private employers: Costco Wholesale, Microsoft

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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