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35. Vermont (Tie)

The Green Mountain State has high quality of life, but business friendliness and qualified workers are in short supply.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 209 45 47
Infrastructure 176 29 41
Cost of Doing Business 110 41 43
Economy 134 37 26 (Tie)
Quality of Life 259 2 3
Technology & Innovation 108 29 30 (Tie)
Education 143 7 7
Business Friendliness 69 30 30
Access to Capital 19 46 49
Cost of Living 8 43 40
Overall 1235 35 36

Economic Profile

Governor: Phil Scott, Republican

Population: 624,594

GDP growth (Q4 2016): 1.5 percent

Unemployment rate (June 2017): 3.1 percent

Top corporate tax rate: 8.5 percent

Top individual income tax rate: 8.95 percent

Gasoline tax: 30.46 cents/gallon

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

Major private employers: Fletcher Allen Health Care, Casella Waste Systems

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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