| Category | Score | 2014 Rank | 2013 Rank |
|---|---|---|---|
| Cost of Doing Business | 303 | 13 | 14 |
| Workforce | 204 | 6 (Tie) | 5 |
| Quality of Life | 63 | 50 | 49 |
| Infrastructure & Transportation | 245 | 4 | 2 |
| Economy | 248 | 14 | 9 |
| Education | 54 | 39 (Tie) | 45 |
| Technology & Innovation | 135 | 28 | 25 |
| Business Friendliness | 134 | 18 | 18 |
| Cost of Living | 42 | 9 | 2 |
| Access to Capital | 9 | 33 (Tie) | 27 |
| Overall | 1437 | 14 | 13 |
Economic Profile
Governor: Bill Haslam, Republican
Population: 6,495,978
GDP growth: 0.8 percent
Unemployment rate (May 2014): 6.3 percent
Top corporate tax rate: 6.5 percent
Top individual income tax rate: 6 percent on dividends and interest income
Gasoline tax: 40 cents/gallon
Bond rating/outlook: Aaa/stable
Major private employer: Covenant Health
Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, East Tenessee Economic Development Agency
