America's Top States For Business

40. New York (Tie)

Category Score 2014 Rank 2013 Rank
Cost of Doing Business375049
Workforce1054345
Quality of Life1762122
Infrastructure & Transportation1413842
Economy18934 (Tie)14
Education12612
Technology & Innovation24931
Business Friendliness9329 (Tie)30
Cost of Living15047
Access to Capital2443
Overall114140 (Tie)35

Economic Profile

Governor: Andrew Cuomo, Democrat

Population: 19,651,127

GDP growth: 0.7 percent

Unemployment rate (May 2014): 6.7 percent

Top corporate tax rate: 7.1 percent

Top individual income tax rate: 8.82 percent

Gasoline tax: 68 percent

Bond rating/outlook: Aa2/positive

Major private employer: North Shore-Long Island Jewish Health System

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

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