26. Arizona

Skilled workers are filling up the Grand Canyon State, but they’re finding one of America’s worst education systems.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 335 7 (Tie) 5
Infrastructure 197 14 (Tie) 16 (Tie)
Cost of Doing Business 127 37 40
Economy 180 19 15
Quality of Life 142 31 (Tie) 32 (Tie)
Technology & Innovation 121 24 22
Education 43 49 47
Business Friendliness 107 14 8
Access to Capital 66 18 (Tie) 28
Cost of Living 26 25 31
Overall 1344 26 25

Economic Profile

Governor: Doug Ducey, Republican

Population: 6,931,071

GDP growth (Q4 2016): 1 percent

Unemployment rate (May 2017): 5.1 percent

Top corporate tax rate: 4.9 percent

Top individual income tax rate: 4.54 percent

Gasoline tax: 19 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa2, AA stable

Major private employers: Banner Health, Southern Copper Corp.

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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