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America's Top States For Business 2011

#50 Rhode Island

Top States 2011: Rhode Island

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 89 46 45
Workforce 165 26 25
Quality of Life 193 24 33
Infrastructure & Transportation 26 49 48
Economy 83 42 49
Education 115 24 14
Technology & Innovation 95 27 28
Business Friendliness 32 48 48
Access to Capital 32 35 23
Cost of Living 8 43 41
OVERALL 838 50 49

ECONOMIC PROFILE

Governor: Lincoln Chafee (I)

Population: 1,052,567

GDP (2009 per capita): $40,7523

Unemployment rate (May 2011): 10.9 percent

Foreclosure rate (May 2011): One per 802 households

Budget gap (projected 2012): $331 million

Corporate tax rate: 9.0 percent

Largest employers: Citizens Bank, CVS Caremark, Citizens Financial Group

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

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