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America's Top States For Business 2012

#33 Michigan

Detroit. Michigan
Kim Steele | Photodisc | Getty Images
Detroit. Michigan
Category
Score
2012 Rank
2011 Rank
Cost of Doing Business 170 29 27
Workforce 130 38 41
Quality of Life 147 34 35
Infrastructure & Transportation 181 25 10
Economy 144 28 36
Education 83 38 34
Technology & Innovation 154 12 8
Business Friendliness 77 34 36
Access to Capital 63 21 31
Cost of Living 39 12 18
OVERALL 1188 33 34

ECONOMIC PROFILE

Governor: Richard Snyder (R)

Population: 9,876,187

GDP (per capita): $34,166

Number of S&P companies: 20

Top corporate tax rate: 6.00 percent

Gasoline taxes/fees: 42.9 cents

Bond Rating/Outlook: Aa2/Stable

SAT scores (average): 1761/2400

Degree Granting Institutions (colleges/universities): 107

Sources: Census Bureau (2011), Standard & Poor's (2012), Tax Foundation (2012), American Petroleum Institute (2012), Bureau Labor Statistics (2011), National Center For Education Statistics (2011), Moody's (2012), CNBC

Top States For Business 2013