Hartford, Connecticut
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Connecticut Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 222 | 21 | 14 | C+ |
| INFRASTRUCTURE | 190 | 33 | 39 | C- |
| ECONOMY | 141 | 42 | 47 | D |
| LIFE, HEALTH & INCLUSION | 233 | 10 | 17 | B |
| COST OF DOING BUSINESS | 90 | 43 | 45 | D |
| TECHNOLOGY & INNOVATION | 185 | 13 | 25 | B+ |
| BUSINESS FRIENDLINESS | 113 | 16 | 11 | B- |
| EDUCATION | 75 | 13 | 8 | B+ |
| ACCESS TO CAPITAL | 24 | 27 | 26 | C- |
| COST OF LIVING | 17 | 34 | 43 | D+ |
| OVERALL | 1290 | 31 | 39 |
Economic Profile
Governor: Ned Lamont, Democrat
Population: 3,626,205
GDP growth (Q1 2023): 0.30%
Unemployment rate (May 2023): 3.70%
Top corporate tax rate: 7.50%
Top individual income tax rate: 6.99%
Gasoline tax: 54.15 cents/gallon
Bond rating (Moody's/S&P): Aa3, Stable/AA-, Stable
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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
