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America's Top States For Business 2011

#32 California

Top States 2011: California

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 87 47 48
Workforce 162 29 31
Quality of Life 201 22 15
Infrastructure & Transportation 224 7 16
Economy 119 30 18
Education 90 36 31
Technology & Innovation 219 1 1
Business Friendliness 22 50 49
Access to Capital 100 1 1
Cost of Living 3 48 49
OVERALL 1227 32 32

ECONOMIC PROFILE

Governor: Jerry Brown (D)

Population: 37,253,956

GDP (2009 per capita): $46,992

Unemployment rate (May 2011): 11.7 percent

Foreclosure rate (May 2011): One per 259 households

Budget gap (projected 2012): $25.4 billion

Corporate tax rate: 8.84 percent (10.84 percent financial institutions)

Largest employers: Kaiser Permanente, Wells Fargo, Vons

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

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