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Montana Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 205 | 33 | 48 | C- |
| INFRASTRUCTURE | 143 | 45 | 43 | F |
| COST OF DOING BUSINESS | 190 | 27 | 20 | B |
| ECONOMY | 224 | 9 | 18 | B |
| LIFE, HEALTH & INCLUSION | 166 | 24 | 17 | C- |
| TECHNOLOGY & INNOVATION | 81 | 46 | 35 | F |
| BUSINESS FRIENDLINESS | 149 | 5 | 5 | A- |
| EDUCATION | 78 | 33 | 28 | C- |
| ACCESS TO CAPITAL | 19 | 38 | 41 | D |
| COST OF LIVING | 23 | 28 | 27 | C |
| OVERALL | 1278 | 30 | 34 |
Economic Profile
Governor: Greg Gianforte, Republican
Population: 1,104,271
GDP growth (Q1 2022): -3.8%
Unemployment rate (May 2022): 2.4%
Top corporate tax rate: 6.75%
Top individual income tax rate: 6.75%
Gasoline tax: 33.25 cents/gallon
Bond rating (Moody's/S&P): Aa1, stable/AA, stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
