#50 Rhode Island
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Providence, Rhode Island
| Category | Score | 2012 Rank | 2011 Rank |
|---|---|---|---|
| Cost of Doing Business | 72 | 45 | 46 |
| Workforce | 118 | 46 | 26 |
| Quality of Life | 198 | 23 | 24 |
| Infrastructure & Transportation | 72 | 50 | 49 |
| Economy | 69 | 49 | 42 |
| Education | 122 | 23 | 24 |
| Technology & Innovation | 76 | 37 | 27 |
| Business Friendliness | 33 | 49 | 48 |
| Access to Capital | 77 | 10 | 35 |
| Cost of Living | 7 | 44 | 43 |
| OVERALL | 844 | 50 | 50 |
ECONOMIC PROFILE
Governor: Lincoln Chafee (Independent)
Population: 1,051,302
GDP (per capita): $41, 532
Number of S&P companies: 2Budget gap (projected 2012): $390 million
Top corporate tax rate: 9.00 percent
Top individual tax rate: 5.99 percent
Gasoline taxes/fees: 33.0 cents
Bond Rating/Outlook: Aa2/Negative
SAT scores (average): 1477/2400
Degree Granting Institutions (colleges/universities): 13
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
