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Americas Top States For Business 2010

#8 (tie) Minnesota
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Minnesota
Photo: Anne Rippy | Photographer's Choice | Getty Images
Category Score 2010 Rank 2009 Rank
Cost of Doing Business 217 30 31
Workforce 147 34 28
Quality of Life 219 12 13
Economy 192 5 9
Transportation & Infrastructure 136 11 12
Technology & Innovation 172 16 9
Education 124 9 10
Business Friendliness 102 20 18
Access to Capital 32 19 19
Cost of Living 18 15 21
OVERALL 1359 8 6

ECONOMIC PROFILE


Governor: Tim Pawlenty (R) (Election year)

Population: 5,266,214

GDP (2008 per capita): $41,573

Unemployment rate (May 2010): 7.0 percent

Foreclosure rate (May 2010): One per 736 households

Budget gap (projected 2011): $4.0 billion

Corporate tax rate: 9.8 percent

Largest employers: Target, Wells Fargo and Wal-Mart


Sources: US Government, RealtyTrac, Center for Budget & Policy Priorities, Federation of Tax Administrators, Minneapolis St. Paul Business Journal

FEATURED


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