30. Montana

Quality of life is glorious in Big Sky Country, but the workforce skills gap runs far and wide.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 215 44 45
Infrastructure 174 30 (Tie) 24
Cost of Doing Business 229 11 (Tie) 8
Economy 135 35 (Tie) 13
Quality of Life 214 8 10
Technology & Innovation 84 37 40
Education 114 22 27
Business Friendliness 75 26 23 (Tie)
Access to Capital 27 35 40 (Tie)
Cost of Living 21 30 24
Overall 1288 30 22

Economic Profile

Governor: Steve Bullock, Democrat

Population: 1,042,520

GDP growth (Q4 2016): 1.8 percent

Unemployment rate (May 2017): 3.9 percent

Top corporate tax rate: 6.75 percent

Top individual income tax rate: 6.9 percent

Gasoline tax: 27.75 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa1, AA stable

Major private employers: Wal-Mart, Albertson's, Glacier Bancorp

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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