America's Top States For Business 2011

#8 Utah

Top States 2011: Utah

Category
Score
2011 Rank
2010 Rank
Cost of Doing Business 232 12 7
Workforce 242 8 7
Quality of Life 226 14 5
Infrastructure & Transportation 145 33 32
Economy 159 16 23
Education 60 46 48
Technology & Innovation 113 25 25
Business Friendliness 174 4 10
Access to Capital 56 23 39
Cost of Living 34 17 17
OVERALL 1441 8 8

ECONOMIC PROFILE

Governor: Gary Herbert (R)

Population: 2,763,885

GDP (2009 per capita): $36,759

Unemployment rate (May 2011): 7.3 percent

Foreclosure rate (May 2011): One per 365 households

Budget gap (projected 2012): $390 million

Corporate tax rate: 5.0 percent

Largest employers: CR England, Kroger Group, Larry Miller Group

Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development