46. Connecticut

The Constitution State offers world-class education, and strong access to capital. It is one of the most expensive states in the U.S., and this has hampered the economy.

Published 4:18 PM ET Tue, 24 June 2014 Updated 3:14 PM ET Wed, 2 July 2014 CNBC.com

Category	Score	2014 Rank	2013 Rank
Cost of Doing Business	80	47	43
Workforce	134	32 (Tie)	37
Quality of Life	196	14	17
Infrastructure & Transportation	121	42	49
Economy	120	49	39
Education	110	5	5
Technology & Innovation	177	21	21
Business Friendliness	106	24	26
Cost of Living	3	48	48
Access to Capital	22	7 (Tie)	19
Overall	1069	46	45

Economic Profile

Governor: Dan Malloy, Democrat

Population: 3,596,080

GDP growth: 0.9 percent

Unemployment rate (May 2014): 6.9 percent

Top corporate tax rate: 7.5 percent

Top individual income tax rate: 6.7 percent

Gasoline tax: 68 cents/gallon

Bond rating/outlook: Aa3/stable

Major private employer: United Technologies Corp

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Hartford Business Journal

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