America's Top States For Business 2013

#18 Indiana

Jodi Jacobson | E+ | Getty Images
2013 Rank
2012 Rank
Cost of Doing Business 242 26 16
Workforce 144 27 26
Quality of Life 109 39 40
Infrastructure & Transportation 225 5 18
Economy 208 32 11
Education 87 13 25
Technology & Innovation 154 24 23
Business Friendliness 151 10 5
Cost of Living 45 6 7
Access to Capital 13 25 37
Overall 1378 18 14


Governor: Mike Pence (R)

Population: 6,537,334

GDP growth: 3.3 percent

Unemployment rate (May 2013): 8.3 percent

Top corporate rate: 8 percent

Top individual tax rate: 3.4 percent of federal adjusted gross income with modification

Gasoline tax: 40.1 cents/gallon

Bond rating/outlook: Aaa/Stable

Major private employers: Indiana University Medical Center, Purdue University, Delphi Electronics and Safety, Indiana University-Bloomington, Eli Lilly International Corp., Peyton Manning Children's Hospital, Arcelor Mittal, Eli Lilly & Co., Roche Diagnostics Corp., Deaconess Health System, Toyota Motor Manufacturing

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)


From the Governors


  • South Dakota is the winner of the annual "America's Top States for Business" study. CNBC's Scott Cohn reports on the state's economy and its stunning views.

  • CNBC's Scott Cohn reveals how other states fared when it came to their workforce, including a look at education level, retraining programs and union membership.

  • The cost of doing business was one of the key reasons the Mount Rushmore State captured the top ranking as the best state for business, reports CNBC's Scott Cohn.