47. Alaska

The Last Frontier has a ready workforce and a welcoming regulatory climate. But falling oil prices have fouled the economy.

2015 Rank
2014 Rank
Workforce 252 9 27
Cost of Doing Business 107 41 39
Infrastructure 152 38 41
Economy 89 49 50
Quality of Life 168 27 (Tie) 30
Technology & Innovation 61 47 42
Education 86 36 (Tie) 30
Business Friendliness 104 10 10
Cost of Living 6 47 46
Access to Capital 16 35 21
Overall 1041 47 47

Economic Profile

Governor: Bill Walker, Independent

Population: 736,732

GDP growth: -1.3 percent

Unemployment rate (May 2015): 6.8 percent

Top corporate tax rate: 9.4 percent

Top individual income tax rate: 0 percent

Gasoline tax: 29 cents/gallon

Bond rating/outlook: Aaa/negative

Major private employer: Providence Health & Services

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


Latest Special Reports

  • Traders and financial professionals work on the floor of the New York Stock Exchange.

    CNBC’s financial reporters weigh in on what every investor needs to know when it comes to companies' earnings reports.

  • CNBC's 'After Hours' breaks down the day's top business stories and most-talked about interviews from CNBC's airwaves.

  • The personal and economic pain from the COVID-19 pandemic is being felt all over the world. As a result of this unprecedented disruption, businesses owners and employees are dealing with an immeasurable level of suffering and facing scenarios they never could have imagined. Through expert analysis and advice from proven business leaders, The Path Forward explores the extraordinary challenges businesses are facing and offers ideas to help owners navigate this global crisis and thrive once again.