46. Louisiana

The good times are not rolling in a state with one of the nation's weakest economies. Falling energy prices do not help.

Louisiana State Flag painted on grunge wall
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2019 Rank
2018 Rank
Workforce 193 41 35 F
Economy 80 49 40 F
Infrastructure 151 42 38 D+
Cost of Doing Business 226 13 7 A-
Quality of Life 94 47 49 F
Education 74 37 46 D+
Technology & Innovation 51 42 44 F
Business Friendliness 57 39 41 D
Access to Capital 26 33 27 D+
Cost of Living 33 18 17 B
Overall 985 46 44 -

Economic Profile

Governor: John Bel Edwards, Democrat

Population: 4,659,978

GDP growth (Q4 2018): 1.3%

Unemployment rate (May 2019): 4.4%

Top corporate tax rate: 8%

Top individual income tax rate: 6%

Gasoline tax: 20.01 cents/gallon

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

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

Best | Worst

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Top States Past Year Rankings

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