33. Connecticut

The Nutmeg State ties for most improved in 2017 on the strength of its schools. But highway infrastructure is poor.

George Kavallines | CNBC
2017 Rank
2016 Rank
Workforce 335 7 (Tie) 18
Infrastructure 132 47 47
Cost of Doing Business 95 43 (Tie) 47
Economy 108 41 43
Quality of Life 162 23 25
Technology & Innovation 145 13 19 (Tie)
Education 154 3 18
Business Friendliness 64 32 29
Access to Capital 62 20 (Tie) 25
Cost of Living 6 45 46
Overall 1263 33 43

Economic Profile

Governor: Dan Malloy, Democrat

Population: 3,576,452

GDP growth (Q4 2016): 2.0 percent

Unemployment rate (May 2017): 4.9 percent

Top corporate tax rate: 7.5 percent

Top individual income tax rate: 6.99 percent

Gasoline tax: 40.15 cents/gallon

Bond rating/outlook (Moody's, S&P): A1, A+ stable

Major private employers: United Technologies Corp., General Electric 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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