13. Arizona

The Grand Canyon State offers a growing and independent workforce, good access to capital and a solid infrastructure. But its education system ranks worst in the nation.

Category
Score
2014 Rank
2013 Rank
Cost of Doing Business 233 28 31
Workforce 223 2 2
Quality of Life 144 27 29
Infrastructure & Transportation 232 8 (Tie) 10
Economy 246 15 (Tie) 43
Education 31 50 49
Technology & Innovation 185 19 19
Business Friendliness 135 16 (Tie) 16
Cost of Living 24 27 35
Access to Capital 23 5 (Tie) 33
Overall 1476 13 20

Economic Profile

Governor: Janice Brewer, Republican

Population: 6,626,624

GDP growth: 1.1 percent

Unemployment rate (May 2014): 6.9 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 4.54 percent

Gasoline tax: 37 cents/gallon

Bond rating/outlook: Aa3/postive

Major private employer: Wal-Mart

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, AZCentral.com

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