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America's Top States For Business 2013

#26 Missouri

St. Louis, Missouri
Joe Sohm | Photodisc | Getty Images
St. Louis, Missouri
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 274 19 12
Workforce 89 48 38
Quality of Life 93 47 37
Infrastructure & Transportation 225 5 20
Economy 238 17 29
Education 84 20 20
Technology & Innovation 170 22 21
Business Friendliness 94 29 25
Cost of Living 40 11 14
Access to Capital 14 23 37
Overall 1321 26 27

ECONOMIC PROFILE

Governor: Jay Nixon (D)

Population: 6,021,988

GDP growth: 2.0 percent

Unemployment rate (May 2013): 6.8 percent

Top corporate rate: 6.25 percent

Top Individual tax rate: 6 percent

Gasoline tax: 17.3 cents/gallon

Bond rating/outlook: Aaa/Negative

Major private employers: Barnes-Jewish Hospital, St.John's Hospital, University of Missouri, St. Louis University, Cerner Corp., Wells Fargo Advisors, Corizon Health, H&R Block Inc., Anheuser-Busch Co. Inc., Ford Motor Co., Hallmark Marketing 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)

Top States For Business 2013

From the Governors

Video

  • South Dakota, More Than Just Gorgeous Views

    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.

  • Ranking America's Workforces

    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.

  • Why South Dakota is Top State for Business

    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.