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America's Top States For Business

#41 Mississippi

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Category Score 2013 Rank 2012 Rank
Cost of Doing Business 340 3 18
Workforce 178 18 17
Quality of Life 120 37 41
Infrastructure & Transportation 154 36 34
Economy 158 47 48
Education 52 47 44
Technology & Innovation 90 44 42
Business Friendliness 20 49 44
Cost of Living 41 10 8
Access to Capital 6 39 48
Overall 1159 41 46

ECONOMIC PROFILE

Governor: Phil Bryant (R)

Population: 2,984,926

GDP growth: 2.4 percent

Unemployment rate (May 2013): 9.1 percent

Top corporate rate: 5 percent

Top individual tax rate: 5 percent

Gasoline tax: 18.8 cents/gallon

Bond rating/outlook: Aa2/Stable

Major private employers: University of Mississippi Medical Center, Nissan North America Inc., North Mississippi Medical Center, Beau Rivage Resort and Casino, Mississippi State University, RPM Pizza LLC, Forrest General Hospital, Ashley Furniture Homestore, Baptist Medical Center, Grand Biloxi Casino Hotel Spa

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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