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America's Top States For Business 2013

#28 Ohio

Cleveland, Ohio
Henryk Sadura | Flickr | Getty Images
Cleveland, Ohio
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 253 23 6
Workforce 97 47 49
Quality of Life 100 44 44
Infrastructure & Transportation 217 11 10
Economy 226 22 31
Education 91 12 23
Technology & Innovation 188 16 16
Business Friendliness 77 33 37
Cost of Living 37 14 15
Access to Capital 17 17 17
Overall 1303 28 25

ECONOMIC PROFILE

Governor: John Kasich (R)

Population: 11,544,225

GDP growth: 2.2 percent

Unemployment rate (May 2013): 7 percent

Top corporate rate: None, but has gross receipts tax

Top individual tax rate: 5.925 percent

Gasoline tax: 28 cents/gallon

Bond rating/outlook: Aa1/Stable

Major private employers: Cleveland Clinic Health System, Ohio State University, Ohio Health Hospitals, Procter & Gamble Co., Nationwide Mutual Insurance Co., Mt. Carmel West Hospital, General Electric Aviation, Cincinnati Children's Hospital, Timken Co., Tri Health

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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  • Scott Cohn develops in-depth features, special reports and documentaries for CNBC and CNBC.com.

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