America's Top States For Business 2011

#41 Alabama

Top States 2011: Alabama

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 216 16 14
Workforce 195 16 14
Quality of Life 115 49 48
Infrastructure & Transportation 182 24 27
Economy 87 39 40
Education 69 44 42
Technology & Innovation 83 33 30
Business Friendliness 86 29 32
Access to Capital 32 35 40
Cost of Living 40 11 11
OVERALL 1105 41 43

ECONOMIC PROFILE

Governor: Robert Bentley (R)

Population: 4,779,736

GDP (2009 per capita): $32,390

Unemployment rate (May 2011): 9.6 percent

Foreclosure rate (May 2011): One per 1,433 households

Budget gap (projected 2012): $979 million

Corporate tax rate: 6.5 percent

Largest employers: Honda Manufacturing, International Paper, Austal USA (Excludes Retail)

Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development