CNBC's ninth annual study once again puts all 50 states to the test, measuring them on more than 60 different metrics in ten key categories of competitiveness.

22. Michigan

Published Wed, Jun 24 20154:30 PM EDTUpdated Mon, Jun 13 20162:30 PM EDT

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Category	Score	2015 Rank	2014 Rank
Workforce	222	25	15
Cost of Doing Business	220	17 (Tie)	31
Infrastructure	186	26	16
Economy	175	29	28
Quality of Life	77	48	45
Technology & Innovation	176	8	14
Education	102	25	34
Business Friendliness	51	36	32
Cost of Living	66	7	17
Access to Capital	47	4	23
Overall	1322	22	26

Economic Profile

Governor: Rick Snyder, Republican

Population: 9,909,877

GDP growth: 1.9 percent

Unemployment rate (May 2015): 5.5 percent

Top corporate tax rate: 6 percent

Top individual income tax rate: 4.25 percent

Gasoline tax: 51 cents/gallon

Bond rating/outlook: Aa2/positive

Major private employer: Ford Motor Co.

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

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