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America's Top States For Business 2013

#21 Washington

Seattle
Gary Corbett | Age Fotostock | Getty Images
Seattle
Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 121 44 37
Workforce 149 24 21
Quality of Life 218 10 15
Infrastructure & Transportation 181 31 36
Economy 220 24 45
Education 74 28 13
Technology & Innovation 248 4 5
Business Friendliness 109 23 36
Cost of Living 15 36 36
Access to Capital 22 7 3
Overall 1357 21 21

ECONOMIC PROFILE

Governor: Jay Inslee (D)

Population: 6,897,012

GDP growth: 3.6 percent

Unemployment rate (May 2013): 6.8 percent

Top corporate rate: None, but has gross receipts tax

Top individual tax rate: None

Gasoline tax: 37.5 cents/gallon

Bond rating/outlook: Aa1/Negative (multiple)

Major private employers: Microsoft Corp., Sea-Tac International Airport, Providence Health & Services, Barrett Business Services, South Seattle Community College, Stewart Title Co., St. Joseph Medical Center, Batelle, Genie Industries, Mary Bridge Children's Hospital

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.