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America's Top States For Business 2013

#41 Mississippi

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Category
Score
2013 Rank
2012 Rank
Cost of Doing Business 340 3 18
Workforce 178 18 17
Quality of Life 120 37 41
Infrastructure & Transportation 154 36 34
Economy 158 47 48
Education 52 47 44
Technology & Innovation 90 44 42
Business Friendliness 20 49 44
Cost of Living 41 10 8
Access to Capital 6 39 48
Overall 1159 41 46

ECONOMIC PROFILE

Governor: Martin O'Malley (D)

Population: 5,884,563

GDP growth: 2.4 percent

Unemployment rate (May 2013): 6.7 percent

Top corporate rate: 8.25 percent

Top individual tax rate: 5.75 percent

Gasoline tax: 23.5 cents/gallon

Bond rating/outlook: Aaa/Negative

Major private employers: University of Maryland, Northrop Grumman Electro Systems, BYK Gardner Inc., University of Maryland Medical Centers, CareFirst Blue Cross Blue Shield, Hydro Aluminum North America, Lockheed Martin, Clean Harbors Environmental, Johns Hopkins University, Cristal Arabia

Economic profile sources: American PetroleumInstitute (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, TaxFoundation (2013), U.S. Census Bureau (2012 estimate)

Featured

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

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