26. Wyoming

The Cowboy State is using friendly regulation to attract business, but they’re not bringing in much capital. 

Getty Images
2018 Rank
2017 Rank
Workforce 238 22 17 B
Infrastructure 231 12 14 (Tie) B
Cost of Doing Business 207 20 26 (Tie) B+
Economy 141 30 43 C
Quality of Life 189 20 16 C+
Technology & Innovation 50 49 40 F
Education 112 21 11 C+
Business Friendliness 108 10 13 B
Access to Capital 9 47 50 F
Cost of Living 31 20 15 (Tie) B-
Overall 1316 26 27 -

Economic Profile

Governor: Matt Mead, Republican

Population: 579,315

GDP growth (Q4 2017): 1.7 percent

Unemployment rate (May 2018): 3.9 percent

Top corporate tax rate: None

Top individual income tax rate: None

Gasoline tax: 24 cents/gallon

Bond rating (Moody's/S&P): No rating/AA+, stable

Major private employers: Rio Tinto Energy America, Cloud Peak Energy

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

Top States Past Year Rankings

  • CNBC unveils its 14th annual America's Top States for Business ranking, scoring all 50 states on 85 measures of competitiveness across 10 broad categories.

  • Soccer Fans Gather To Watch US Team's Knockout Stage Match Against Belgium

    CNBC unveils its 12th annual America's Top States for Business study. See where your state ranks in 2018.

  • CNBC unveils its 12th annual America's Top States for Business study. See where your state ranks in 2018.

Latest Special Reports

  • Piggybanks navigating a maze

    Americans continue to worry about persistent inflation, ongoing market volatility and the possibility of a recession. Many are working to manage the impact on their retirement and savings. The implications of all this economic uncertainty, as well as changes in tax laws, bring new considerations for individuals and especially those retirees planning for and managing future finances.

  • Between new federal tax bill changes and underutilized deductions, CNBC finds ways to save money while filing taxes.

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