The Grand Canyon State is attracting a diverse workforce, but they are finding dirty air and underfunded health care.
Arizona Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 162 | 37 | 41 | C- |
| Infrastructure | 227 | 8 | 13 | B+ |
| Life, Health & Inclusion | 91 | 50 | — | F |
| Workforce | 240 | 5 | 2 | A- |
| Economy | 154 | 14 | 12 | B |
| Business Friendliness | 145 | 7 | 9 | A- |
| Access to Capital | 82 | 26 | 18 | C- |
| Technology & Innovation | 88 | 27 | 23 | C |
| Education | 62 | 41 | 47 | D |
| Cost of Living | 30 | 31 | 24 | D+ |
| Overall | 1281 | 30 | 20 | — |
Economic Profile
Governor: Doug Ducey, Republican
Population: 7,421,401
GDP growth (Q1 2021): 7.4%
Unemployment rate (May 2021): 6.7 %
Top corporate tax rate: 4.9%
Top individual income tax rate: 8%
Gasoline tax: 19 cents/gallon
Bond rating: (Moody's/S&P): Aa1, stable/AA, stable
Major private employers: Banner Health, Southern Copper Corp.
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
