America's Top States For Business

40. Louisiana (Tie)

Category Score 2014 Rank 2013 Rank
Cost of Doing Business346310
Workforce1432622
Quality of Life784750
Infrastructure & Transportation1583641
Economy16144 (Tie)35
Education474440
Technology & Innovation983628
Business Friendliness6139 (Tie)39
Cost of Living47420
Access to Capital247 (Tie)35
Overall114140 (Tie)43

Economic Profile

Governor: Bobby Jindal, Republican

Population: 4,625,470

GDP growth: 1.3 percent

Unemployment rate (May 2014): 4.5 percent

Top corporate tax rate: 8 percent

Top individual income tax rate: 6 percent

Gasoline tax: 38 cents/gallon

Bond rating/outlook: Aa2/stable

Major private employer: Ochsner Health System

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Louisiana FY 2013 CAFR

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.