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America's Top States For Business 2011

#37 South Carolina

Top States 2011: South Carolina

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 224 14 6
Workforce 244 6 5
Quality of Life 134 42 45
Infrastructure & Transportation 193 19 8
Economy 54 49 46
Education 60 46 43
Technology & Innovation 103 26 26
Business Friendliness 86 29 30
Access to Capital 32 35 34
Cost of Living 23 28 24
OVERALL 1153 37 31

ECONOMIC PROFILE

Governor: Nikki Haley (R)

Population: 4,625,364

GDP (2009 per capita): $30,845

Unemployment rate (May 2011): 10.0 percent

Foreclosure rate (May 2011): One per 730 households

Budget gap (projected 2012): $877 million

Corporate tax rate: 5.0 percent (4.5 percent for financial institutions)

Largest employers: Blue Cross & Blue Shield, BMW Manufacturing, Michelin North America

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

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