33. Connecticut

The constitution of the workforce is solid in the Constitution State. But costs are very high and the infrastructure is poor.

Category
Score
2015 Rank
2014 Rank
Workforce 271 4 32
Cost of Doing Business 90 47 47
Infrastructure 103 46 42
Economy 178 26 (Tie) 49
Quality of Life 222 11 14
Technology & Innovation 148 19 21
Education 129 11 5
Business Friendliness 57 32 (Tie) 24
Cost of Living 3 49 48
Access to Capital 21 30 7
Overall 1222 33 46

Economic Profile

Governor: Dan Malloy, Democrat

Population: 3,596,677

GDP growth: 0.6 percent

Unemployment rate (May 2015): 6.0 percent

Top corporate tax rate: 7.5 percent

Top individual income tax rate: 6.7 percent

Gasoline tax: 59 cents/gallon

Bond rating/outlook: Aa3/stable

Major private employer: United Technologies Corp

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Hartford Business Journal, Connecticut FY 2014 CAFR

FULL LIST: 2015 TOP STATES FOR BUSINESS

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