| Category | Score | 2013 Rank | 2012 Rank |
|---|---|---|---|
| Cost of Doing Business | 165 | 39 | 25 |
| Workforce | 132 | 32 | 31 |
| Quality of Life | 242 | 3 | 5 |
| Infrastructure & Transportation | 223 | 8 | 2 |
| Economy | 253 | 10 | 16 |
| Education | 80 | 23 | 11 |
| Technology & Innovation | 180 | 18 | 18 |
| Business Friendliness | 139 | 15 | 23 |
| Cost of Living | 17 | 34 | 35 |
| Access to Capital | 17 | 17 | 15 |
| Overall | 1448 | 15 | 11 |
ECONOMIC PROFILE
Governor: Mark Dayton (D)Â
Population: 5,379,139
GDP growth: 3.5 percent
Unemployment rate (May 2013): 5.3 percent
Top corporate rate: 9.8 percent       Â
Top individual tax rate: 7.85 percent         Â
Gasoline tax: 28.6 cents/gallon
Bond rating/outlook: Aa1/Negative
Major private employers: University of Minnesota, 3M Co., Hennepin County Medical Center, Park Nicollet Methodist Hospital, University of Minnesota Medical Center, Thomson Reuters, Ameriprise Financial, Methodist Hospital Sleep Disorder Center, Essentia Health, Best Buy Co. Inc.
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)