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America's Top States For Business 2013

#47 California

San Francisco, California
Image source: Mike Shaw | Flickr | Getty Images
San Francisco, California
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 34 50 48
Workforce 126 34 23
Quality of Life 153 27 20
Infrastructure & Transportation 166 34 30
Economy 195 35 43
Education 55 43 33
Technology & Innovation 256 2 3
Business Friendliness 42 48 43
Cost of Living 6 45 46
Access to Capital 25 1 1
Overall 1058 47 40

ECONOMIC PROFILE

Governor: Jerry Brown (D)

Population: 38,041,430

GDP growth: 3.5 percent

Unemployment rate (May 2013): 8.6 percent

Top corporate rate: 8.84 percent

Top Individual tax tate: 13.3 percent

Gasoline tax: 50.1 cents/gallon

Bond rating/outlook: A1/Stable

Major private employers: UCLA Health System, University of California, Nestle USA Inc, Sharp Memorial Hospital, Score, Chevron Corp., Cedars-Sinai Medical Center, Cisco Systems Inc, Scripps Clinic, Disneyland Resort Anaheim

Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)

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