11. Michigan (Tie)

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A General Motors Chevrolet Camaro rolls off the production line at GM's Lansing Grand River Assembly Plant in Lansing, Michigan.

Category	Score	2018 Rank	2017 Rank	Grade
Workforce	278	10	13	A-
Infrastructure	218	18	19	B-
Cost of Doing Business	213	19	24 (Tie)	B+
Economy	186	16	9	B
Quality of Life	136	33	33	D
Technology & Innovation	173	3	9	A+
Education	97	28	23	C
Business Friendliness	77	25	25	C
Access to Capital	71	15	17	B
Cost of Living	47	4	3	A+
Overall	1496	11	11	-

Economic Profile

Governor: Rick Snyder, Republican

Population: 9,962,311

GDP growth (Q4 2017): 2.4 percent

Unemployment rate (May 2018): 4.6 percent

Top corporate tax rate: 6.0 percent

Top individual income tax rate: 4.25 percent

Gasoline tax: 42.42 cents/gallon

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

Major private employers: Ford Motor Co., The Dow Chemical Company

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

Overall Rankings 2018