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Maine Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 219 | 22 | 43 | C+ |
| INFRASTRUCTURE | 126 | 50 | 49 | F |
| ECONOMY | 151 | 38 | 32 | D+ |
| LIFE, HEALTH & INCLUSION | 288 | 2 | 2 | A- |
| COST OF DOING BUSINESS | 120 | 34 | 40 | C- |
| TECHNOLOGY & INNOVATION | 102 | 40 | 44 | D- |
| BUSINESS FRIENDLINESS | 92 | 26 | 19 | C- |
| EDUCATION | 74 | 19 | 23 | B+ |
| ACCESS TO CAPITAL | 8 | 48 | 47 | F |
| COST OF LIVING | 19 | 32 | 39 | D+ |
| OVERALL | 1199 | 39 | 43 |
Economic Profile
Governor: Janet Mills, DemocratÂ
Population: 1,385,340
GDP growth (Q1 2023): 1.60%
Unemployment rate (May 2023): 2.40%
Top corporate tax rate: 8.93%
Top individual income tax rate: 7.15%
Gasoline tax: 48.41 cents/gallon
Bond rating (Moody's/S&P): Aa2, 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
