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Connecticut Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 202 | 38 | 39 | D+ |
| INFRASTRUCTURE | 195 | 33 | 29 | C |
| WORKFORCE | 216 | 8 | 20 | B |
| COST OF DOING BUSINESS | 99 | 44 | 43 | D+ |
| BUSINESS FRIENDLINESS | 117 | 35 | 39 | C |
| QUALITY OF LIFE | 179 | 5 | 9 | B |
| TECHNOLOGY & INNOVATION | 147 | 19 | 25 | C+ |
| EDUCATION | 73 | 5 | 4 | A- |
| ACCESS TO CAPITAL | 37 | 16 | 22 | C+ |
| COST OF LIVING | 23 | 37 | 34 | D+ |
| OVERALL | 1288 | 28 | 32 |
Economic Profile
Governor: Ned Lamont, Democrat
Population: 3,675,069
GDP growth (Q1 2025): -0.9%
Unemployment rate (May 2025): 3.8%
Top corporate tax rate: 8.25%
Top individual income tax rate: 6.99%
Gasoline tax: 43.40 cents/gallon
Bond rating (Moody's/S&P): Aa3, Positive/AA-, Stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, Energy Information Administration (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
