26. Missouri

Show Me a state with a worse quality of life? We could find only three. But business costs are low and regulation is friendly.

Category
Score
2015 Rank
2014 Rank
Workforce 196 38 (Tie) 44
Cost of Doing Business 230 11 11
Infrastructure 203 18 13
Economy 160 33 (Tie) 15
Quality of Life 80 47 48
Technology & Innovation 138 23 24
Education 113 20 (Tie) 20
Business Friendliness 93 15 29
Cost of Living 51 17 18
Access to Capital 27 24 39
Overall 1291 26 23

Economic Profile

Governor: Jay Nixon, Democrat

Population: 6,063,589

GDP growth: 0.9 percent

Unemployment rate (May 2015): 5.8 percent

Top corporate tax rate: 6.25 percent

Top individual income tax rate: 6 percent

Gasoline tax: 35 cents/gallon

Bond rating/outlook: Aaa/stable

Major private employer: Wal-Mart, The Boeing Company

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

FULL LIST: 2015 TOP STATES FOR BUSINESS

Latest Special Reports

  • Financial Portfolio

    A look at how leading portfolio managers and institutional investors build investment plans to meet clients’ goals.

  • The CNBC All-America Economic Survey shows bright spots in the economy, with housing and stocks in the forefront.

  • Watch investments

    Covering the full set of tools and strategies for long-term investors: How to take everyday market fluctuations in stride, and when to know it’s time to take action or protect against a major economic shifts.