7. Michigan

Source: George Kavallines

Category	Score	2016 Rank	2015 Rank
Workforce	207	29	25
Cost of Doing Business	228	12	17 (Tie)
Infrastructure	186	27	26
Economy	246	7	29
Quality of Life	152	32 (Tie)	48
Technology & Innovation	187	6	8
Education	114	19	25
Business Friendliness	61	30 (Tie)	36
Cost of Living	62	10	7
Access to Capital	47	4	4
Overall	1490	7	22

Economic Profile

Governor: Rick Snyder, Republican

Population: 9,922,576

GDP growth: 1.4 percent

Unemployment rate (May 2016): 4.7 percent

Top corporate tax rate: 6.0 percent

Top individual income tax rate: 4.25 percent

Gasoline tax: 49.91 cents/gallon

Bond rating/outlook: Aa1, stable

Major private employers: Ford Motor Co., The Dow Chemical 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

America's Top States for Business 2016: The full list