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America's Top States For Business 2011

#13 South Dakota (tie)

Top States 2011: South Dakota

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 248 7 4
Workforce 198 15 15
Quality of Life 266 5 11
Infrastructure & Transportation 106 42 27
Economy 180 11 4
Education 124 20 21
Technology & Innovation 22 49 49
Business Friendliness 176 3 3
Access to Capital 32 35 40
Cost of Living 25 26 5
OVERALL 1377 13 7

ECONOMIC PROFILE

Governor: Dennis Daugaard (R)

Population: 814,180

GDP (2009 per capita): $44,261

Unemployment rate (May 2011): 4.8 percent

Foreclosure rate (May 2011): One per 3,974 households

Budget gap (projected 2012): $127 million

Corporate tax rate: 0.25-6.0 percent for financial institutions only

Largest employers: Wells Fargo, John Morrell & Co, Citigroup

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

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