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LINDSEY VONN
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Downhill skier Lindsay Vonn

America's Top States For Business 2013

#32 Vermont

Burlington, Vermont
Denis Jr. Tangney | E+ | Getty Images
Burlington, Vermont
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 256 22 38
Workforce 79 49 41
Quality of Life 265 2 3
Infrastructure & Transportation 84 48 48
Economy 265 8 27
Education 94 11 4
Technology & Innovation 95 40 43
Business Friendliness 84 31 25
Cost of Living 10 41 42
Access to Capital 10 31 23
Overall 1242 32 39

ECONOMIC PROFILE

Governor: Peter Shumlin (D)

Population: 626,011

GDP growth: 1.2 percent

Unemployment rate (May 2013): 4.1 percent

Top corporate rate: 8.5 percent

Top individual tax rate: 8.95 percent

Gasoline tax: 26.7 cents/gallon

Bond rating/outlook: Aaa/Stable

Major private employers: IBM, Fletcher Allen Health Care, Mt. Snow Resort, Okemo Mountain Resort, Rutland Regional Medical Center, Southwestern Vermont Medical Center, Grand Summit Hotel, Stratton Mountain Ski Resort, Middlebury College, Smugglers Notch Resort

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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  • CNBC's senior correspondent and lead investigative reporter, Scott Cohn also appears on "NBC Nightly News with Brian Williams," "Today" and on MSNBC.

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