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Montana Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 181 | 42 | 33 | D |
| INFRASTRUCTURE | 160 | 40 | 45 | D- |
| ECONOMY | 194 | 23 | 9 | C |
| LIFE, HEALTH & INCLUSION | 167 | 28 | 24 | C- |
| COST OF DOING BUSINESS | 164 | 22 | 27 | B |
| TECHNOLOGY & INNOVATION | 122 | 35 | 46 | D+ |
| BUSINESS FRIENDLINESS | 136 | 4 | 5 | A- |
| EDUCATION | 75 | 13 | 33 | B+ |
| ACCESS TO CAPITAL | 16 | 41 | 38 | D |
| COST OF LIVING | 10 | 45 | 28 | F |
| OVERALL | 1225 | 35 | 30 |
Economic Profile
Governor: Greg Gianforte, RepublicanÂ
Population: 1,122,867
GDP growth (Q1 2023): 6%
Unemployment rate (May 2023): 2.30%
Top corporate tax rate: 6.75%
Top individual income tax rate: 6.75%
Gasoline tax: 51.65 cents/gallon
Bond rating (Moody's/S&P): Aa1, 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
