| Category | Score | 2014 Rank | 2013 Rank |
|---|---|---|---|
| Cost of Doing Business | 215 | 31 | 33 |
| Workforce | 176 | 15 | 15 |
| Quality of Life | 82 | 45 | 43 |
| Infrastructure & Transportation | 207 | 16 | 25 |
| Economy | 213 | 28 | 26 |
| Education | 65 | 34 | 32 |
| Technology & Innovation | 219 | 14 | 12 |
| Business Friendliness | 83 | 32 | 32 |
| Cost of Living | 34 | 17 | 18 |
| Access to Capital | 14 | 23 (Tie) | 23 |
| Overall | 1308 | 26 | 29 |
Economic Profile
Governor: Rick Snyder, Republican
Population: 9,895,622
GDP growth: 2.0 percent
Unemployment rate (May 2014): 7.4 percent
Top corporate tax rate: 6 percent
Top individual income tax rate: 4.25 percent
Gasoline tax: 60 cents/gallon
Bond rating/outlook: Aa2/positive
Major private employer: Spectrum Health Systems
Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Crain's Detroit Business
