44. Louisiana

Generous incentives make the Pelican State hard to beat on costs, but the schools and the economy hit sour notes.

George Kavallines | CNBC
2017 Rank
2016 Rank
Workforce 270 28 (Tie) 25
Infrastructure 158 39 34
Cost of Doing Business 261 4 (Tie) 7
Economy 53 49 46
Quality of Life 87 49 47
Technology & Innovation 62 47 46
Education 50 48 39
Business Friendliness 47 40 40
Access to Capital 35 31 30
Cost of Living 31 20 14
Overall 1054 44 44

Economic Profile

Governor: John Bel Edwards, Democrat

Population: 4,681,666

GDP growth (Q4 2016): 1.1 percent

Unemployment rate (May 2017): 5.7 percent

Top corporate tax rate: 8 percent

Top individual income tax rate: 6 percent

Gasoline tax: 20.01 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa3, AA- negative

Major private employers: Ochsner Health System, CenturyLink

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

Latest Special Reports

  • Coverage of the World Economic Forum’s annual meeting in Davos, Switzerland.

  • senior couple on beach

    A fixed-income strategy is key for investors who are retired or are approaching retirement. This special report details the range of tools and strategies used to manage a fixed income portfolio.

  • These are the 2022 JUST 100 companies, a ranking of America’s largest publicly traded companies on ESG issues that define 'just' business behavior and reflect the priorities of the American public, produced in partnership with research nonprofit Just Capital.