47. Alaska

The oil slump has sent a chill through The Last Frontier, opening a massive budget gap and putting the economy on ice.

Top States 2017 Alaska
George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 281 25 38
Infrastructure 170 35 37
Cost of Doing Business 107 42 41
Economy 58 48 41
Quality of Life 179 22 20
Technology & Innovation 68 41 (Tie) 41
Education 70 42 37
Business Friendliness 90 20 (Tie) 25
Access to Capital 5 49 36
Cost of Living 5 46 45
Overall 1033 47 45

Economic Profile

Governor: Bill Walker, Independent

Population: 741,894

GDP growth (Q4 2016): 0.5 percent

Unemployment rate (May 2017): 6.7 percent

Top corporate tax rate: 9.4 percent

Top individual income tax rate: 0 percent

Gasoline tax: 12.25 cents/gallon

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

Major private employers: Providence Health & Services, General Communication

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 cents/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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