America's Top States For Business 2013

#43 Louisiana

Bourbon Street, New Orleans, Louisiana
Franz Marc Frei | Look | Getty Images
Bourbon Street, New Orleans, Louisiana
2013 Rank
2012 Rank
Cost of Doing Business 303 10 9
Workforce 155 22 16
Quality of Life 62 50 50
Infrastructure & Transportation 137 41 40
Economy 195 35 36
Education 59 40 35
Technology & Innovation 133 28 28
Business Friendliness 61 39 40
Cost of Living 31 20 17
Access to Capital 8 35 43
Overall 1144 43 42


Governor: Bobby Jindal (R)

Population: 4,601,893

GDP growth: 1.5 percent

Unemployment rate (May 2013): 6.8 percent

Top corporate rate: 8 percent

Top individual tax rate: 6 percent

Gasoline tax: 20 cents/gallon

Bond rating/outlook: Aa2/Stable

Major private employers: Louisiana State University Health Care Services, Feist-Weiller Cancer Center, Ingalls Shipbuilding, Willis-Knighton Medical Center, Hilton-New Orleans Riverside, Lafayette General Medical Center, Our Lady of the Lake Regional Medical Center, Tulane University, Willis-Knighton Breast Center, University of New Orleans

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)

Top States For Business 2013

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.