32. California
Getty Images
| Category | Score | 2019 Rank | 2018 Rank | Grade |
|---|---|---|---|---|
| Workforce | 290 | 10 | 12 | B |
| Economy | 228 | 19 | 11 | B |
| Infrastructure | 164 | 33 | 24 | C |
| Cost of Doing Business | 45 | 50 | 48 | F |
| Quality of Life | 203 | 17 | 21 | C+ |
| Education | 85 | 30 | 32 | C- |
| Technology & Innovation | 141 | 1 | 1 | A+ |
| Business Friendliness | 13 | 50 | 50 | F |
| Access to Capital | 75 | 1 | 1 | A+ |
| Cost of Living | 2 | 49 | 49 | F |
| [[link#105843737#Overall]] | 1246 | 32 | 25 | - |
Economic Profile
Governor: Gavin Newsom, Democrat
Population: 39,557,045
GDP growth (Q4 2018): 2.2%
Unemployment rate (May 2019): 4.2%
Top corporate tax rate: 8.84%
Top individual income tax rate: 12.3%
Gasoline tax: 60.8 cents/gallon
Bond rating: (Moody's/S&P): Aa3, positive/AA-, stable
Major private employers: Kaiser Permanente, Apple
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