31. Missouri

You’ll see a strong infrastructure in the Show Me State, but the search for skilled workers comes up short all too often.

Top States Missouri
Source: George Kavallines
2016 Rank
2015 Rank
Workforce 141 49 38 (Tie)
Cost of Doing Business 223 14 11
Infrastructure 214 9 18
Economy 153 34 (Tie) 33 (Tie)
Quality of Life 84 49 47
Technology & Innovation 130 25 23
Education 122 14 (Tie) 20 (Tie)
Business Friendliness 91 15 (Tie) 15
Cost of Living 60 11 17
Access to Capital 31 20 24
Overall 1249 31 26

Economic Profile

Governor: Jay Nixon, Democrat

Population: 6,083,672

GDP growth: 1.3 percent

Unemployment rate (May 2016): 4.3 percent

Top corporate tax rate: 6.25 percent

Top individual income tax rate: 6 percent

Gasoline tax: 35.70 cents/gallon

Bond rating/outlook: Aaa, stable

Major private employers: Wal-Mart, The Boeing Company, Monsanto Company

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, S&P Global Market Intelligence

Latest Special Reports

  • Innovative female entrepreneur examining prototype

    In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.

  • Shoppers walk inside the Westfield Santa Anita mall during the outbreak of the coronavirus disease (COVID-19), in Arcadia, California, June 25, 2020.

    Coverage of the world's largest retail trade organization's annual conference.

  • Automation, AI and machine learning will radically influence the relationship between employers and their workforce.