Phoenix, Arizona
Witold Skrypczak | Lonely Planet | Getty Images
Category Score 2013 Rank 2012 Rank
Cost of Doing Business2223134
Workforce22822
Quality of Life1422932
Infrastructure & Transportation218109
Economy1734344
Education454949
Technology & Innovation1741921
Business Friendliness1351614
Cost of Living163534
Access to Capital93322
Overall13622022

ECONOMIC PROFILE

Governor: Jan Brewer (R)

 Population: 6,553,255

GDP growth: 2.6 percent

Unemployment rate (May 2013): 7.8 percent

Top corporate tax rate: 6.968 percent

Top individual tax rate: 4.54 percent 

Gasoline taxes/fees: 19 cents

Bond rating/outlook: Aa3/Stable  

Major private employers: Honeywell International Accounts Payable, University of Arizona, Arizona State University, ON Semiconductor Corp., Phoenix Sky Harbor International Airport, Intel Corp., Scottsdale Healthcare Hospitals, General Dynamics C4 Systems, Providence Service Corp., Boeing Co.

Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)