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Missouri Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 244 | 16 | 21 | B+ |
| WORKFORCE | 154 | 47 | 49 | F |
| ECONOMY | 218 | 14 | 16 | C+ |
| QUALITY OF LIFE | 98 | 44 | 45 | F |
| COST OF DOING BUSINESS | 193 | 8 | 2 | A- |
| TECHNOLOGY & INNOVATION | 157 | 16 | 30 | B |
| BUSINESS FRIENDLINESS | 154 | 14 | 29 | B- |
| EDUCATION | 69 | 14 | 11 | B+ |
| ACCESS TO CAPITAL | 38 | 24 | 17 | C- |
| COST OF LIVING | 38 | 8 | 7 | A- |
| OVERALL | 1363 | 18 | 32 |
Economic Profile
Governor: Mike Parson, Republican
Population: 6,196,156
GDP growth (Q1 2024): 1.6%
Unemployment rate (May 2024): 3.5%
Top corporate tax rate: 4%
Top individual income tax rate: 4.8%
Gasoline tax: 38.32 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AAA, Stable
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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
