America's Top States For Business

30. Arkansas (Tie)

Category Score 2014 Rank 2013 Rank
Cost of Doing Business36424
Workforce168197
Quality of Life954140
Infrastructure & Transportation1593534
Economy2282518
Education603715
Technology & Innovation764438
Business Friendliness5645 (Tie)43
Cost of Living4927
Access to Capital639 (Tie)37
Overall126130 (Tie)24

Economic Profile

Governor: Mike Beebe, Democrat

Population: 2,959,373

GDP growth: 2.4 percent

Unemployment rate (May 2014): 6.6 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 7 percent

Gasoline tax: 40 cents/gallon

Bond rating/outlook: Aa1/stable

Major private employer: Wal-Mart

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, ArkansasBusiness.com

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