45. Rhode Island (Tie)

Michael Springer | Bloomberg | Getty Images

A statue of Mr. Potato Head greets visitors to the corporate headquarters of toymaker Hasbro Inc. in Pawtucket, Rhode Island.

Category	Score	2018 Rank	2017 Rank	2018 Rank
Workforce	254	15	27	B+
Infrastructure	100	50	50	F
Cost of Doing Business	105	44	43 (Tie)	D-
Economy	144	28	29 (Tie)	C
Quality of Life	148	27	31 (Tie)	D+
Technology & Innovation	100	33	34	D+
Education	103	25	20 (Tie)	C
Business Friendliness	54	38	37 (Tie)	D+
Access to Capital	19	43	44 (Tie)	F
Cost of Living	9	42	42	F
Overall	1036	45	45	-

Economic Profile

Governor: Gina Raimondo, Democrat

Population: 1,059,639

GDP growth (Q4 2017): 2.7 percent

Unemployment rate (May 2018): 4.4 percent

Top corporate tax rate: 7.0 percent

Top individual income tax rate: 5.99 percent

Gasoline tax: 34 cents/gallon

Bond rating (Moody's/S&P): Aa2, stable/AA, stable

Major private employers: Lifespan, CVS Health

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