America's Top States For Business 2013

#35 New York

New York City, New York
Tk21hx | Flickr | Getty Images
New York City, New York
2013 Rank
2012 Rank
Cost of Doing Business 59 49 47
Workforce 101 45 41
Quality of Life 185 22 28
Infrastructure & Transportation 132 42 39
Economy 245 14 22
Education 108 2 1
Technology & Innovation 264 1 1
Business Friendliness 93 30 50
Cost of Living 4 47 47
Access to Capital 24 3 5
Overall 1215 35 34


Governor: Andrew Cuomo (D)

Population: 19,570,261

GDP growth: 1.3 percent

Unemployment rate (May 2013): 7.6 percent

Top corporate rate: 7.1 percent

Top individual tax rate: 8.82 percent

Gasoline tax: 50.5 cents/gallon

Bond rating/outlook: Aa2/Stable

Major private employers: Catholic Health Services, Capital Brokers Corp., Stony Brook University, Continuum Health Partners, New York-Presbyterian Hospital, North Shore-LIJ Health System, IBM, LaGuardia Airport, Memorial Sloan-Kettering Cancer Center, Carestream Health Inc.

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.