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America's Top States For Business 2013

#37 Illinois

Chicago, Illinois
Edwin Chang Photography | Flickr | Getty Images
Chicago, Illinois
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 121 44 26
Workforce 137 29 32
Quality of Life 137 30 31
Infrastructure & Transportation 225 5 16
Economy 161 45 45
Education 83 22 17
Technology & Innovation 245 5 4
Business Friendliness 63 36 46
Cost of Living 28 23 18
Access to Capital 13 25 11
Overall 1213 37 26

ECONOMIC PROFILE

Governor: Pat Quinn (D)

Population: 12,875,255

GDP growth: 1.9 percent

Unemployment rate (May 2013): 9.1 percent

Top corporate rate: 9.5 percent

Top individual tax rate: 5 percent of federal adjusted gross income with modification

Gasoline tax: 39.1 cents/gallon

Bond rating/outlook: A3/negative

Major private employers: Allstate Insurance Company, State Farm Insurance Company, Abbott Laboratories, University of Illinois, University of Chicago, Rush University Medical Center, Loyola University Hospital, Evanston Hospital, Walgreen Co., Advocate Christ Medical Center, Children's Hospital-Illinois, John H. Stroger Jr. Hospital, Northern Trust, Northwestern Memorial Hospital, Sears Holdings Corp.

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)

Featured

  • Scott Cohn develops in-depth features, special reports and documentaries for CNBC and CNBC.com.

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