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America's Top States For Business 2012

#32 South Carolina

Category Score 2012 Rank 2011 Rank
Cost of Doing Business 204 22 14
Workforce 219 15 6
Quality of Life 132 41 42
Infrastructure & Transportation 191 21 19
Economy 153 25 49
Education 63 46 46
Technology & Innovation 104 26 26
Business Friendliness 76 35 29
Access to Capital 41 30 35
Cost of Living 27 24 28
OVERALL 1210 32 37

ECONOMIC PROFILE

Governor: Nikki Haley (R)

Population: 4,679,230

GDP (per capita): $30,620

Number of S&P companies: 1

Top corporate tax rate: 5.00 percent

Top individual tax rate: 7.00 percent

Gasoline taxes/fees: 16.8 cents

Bond Rating/Outlook: Aaa/Stable

SAT scores (average): 1436/2400

Degree Granting Institutions (colleges/universities): 75

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

America's Top States For Business