13. Tennessee

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Category	Score	2019 Rank	2018 Rank	Grade
Workforce	226	32	27	D+
Economy	289	5	7	A
Infrastructure	221	5	5	A-
Cost of Doing Business	218	17	15	A-
Quality of Life	86	48	47	F
Education	89	28	33	C
Technology & Innovation	93	23	30	C+
Business Friendliness	131	7	8	B+
Access to Capital	44	23	23	C+
Cost of Living	45	6	5	A
Overall	1442	13	13	-

Economic Profile

Governor: Bill Lee, Republican

Population: 6,770,010

GDP growth (Q4 2018): 1.6%

Unemployment rate (May 2019): 3.3%

Top corporate tax rate: 6.5%

Top individual income tax rate: 2%

Gasoline tax: 26.40 cents/gallon

Bond rating (Moody's/S&P): Aaa, stable/AAA, stable

Major private employers: Covenant Health, FedEx

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

America's Top States for Business 2019: The full list