Top States For Business

3. Utah

Category Score 2015 Rank 2014 Rank
Workforce21029 (Tie)12
Cost of Doing Business22513 (Tie)16
Infrastructure1773028
Economy28716
Quality of Life19920 (Tie)15
Technology & Innovation1581518
Education943146
Business Friendliness1165 (Tie)4
Cost of Living6011 (Tie)20
Access to Capital30211
Overall155633

Economic Profile

Governor: Gary Herbert, Republican

Population: 2,942,902

GDP growth: 3.1 percent

Unemployment rate (May 2015): 3.5 percent

Top corporate tax rate: 5 percent

Top individual income tax rate: 5 percent

Gasoline tax: 42 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Intermountain Health Care

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Utah FY 2014 CAFR

FULL LIST: 2015 TOP STATES FOR BUSINESS

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