Top States For Business

40. Pennsylvania

Category Score 2015 Rank 2014 Rank
Cost of Doing Business1934048
Workforce1583342
Infrastructure15935 (Tie)37
Economy1164637
Quality of Life12436 (Tie)35
Technology & Innovation17211 (Tie)8
Education11816 (Tie)6
Business Friendliness523539
Cost of Living263435
Access to Capital401117
Overall11584044

Economic Profile

Governor: Tom Wolf, Democrat

Population: 12,787,209

GDP growth: 1.8 percent

Unemployment rate (May 2015): 5.4 percent

Top corporate tax rate: 9.99 percent

Top individual income tax rate: 3.07 percent

Gasoline tax: 70 cents/gallon

Bond rating/outlook: A1/stable

Major private employer: Knouse Foods Cooperative, Inc.

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Pennsylvania Dept. of Labor and Industry

FULL LIST: 2015 TOP STATES FOR BUSINESS

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