Best and Worst States for Business
Rank
State
Gross State Product ($) (per capita)
Civilian Labor Force
Employment
Unemployment Rate
Average Salary
Economic Development Agency
1
Texas
37793
11853.8
11142
6
37880
Texas Economic Development Council
2
North Carolina
37053
4563.1
4166.3
8.7
36900
North Carolina Department of Commerce
3
Florida
33417
9313
8561.2
8.1
37260
Enterprise Florida Inc.
4
Georgia
35265
4878.4
4485.2
8.1
38320
Georgia Department of Economic Development
5
Tennessee
33742
3042.3
2801.1
7.9
35380
Tennessee Department of Economic & Community Development
6
Nevada
40210
1426.8
1296.3
9.1
37440
Nevada Commission on Economic Development
7
Virginia
41617
4159.5
3936.8
5.4
42880
Virginia Economic Development Partnership
8
Arizona
33655
3165.7
2945.9
6.9
37560
Arizona Department of Commerce
9
South Carolina
28894
2184.6
1977.4
9.5
34650
SC Jobs-Economic Development Authority (JEDA)
10
Colorado
40805
2750.1
2582.6
6.1
43100
Colorado Office of Economic Development and International Trade
11
Indiana
32724
3230.8
2964.3
8.2
36410
Indiana Economic Development Corporation (IEDC)
12
Delaware
56496
445.3
417.6
6.2
43020
Delaware Economic Development Office (DEDO)
13
South Dakota
35596
445.9
428.7
3.9
31540
South Dakota Economic Development
14
Alabama
29603
2153.7
2009.6
6.7
34950
Alabama Department of Economic and Community Affairs (ADECA)
15
Utah
32774
1383
1322.9
4.3
37080
Governor's Office of Economic Development
16
Idaho
29843
759.7
710.7
6.4
35310
Idaho Department of Commerce
17
North Dakota
34694
371.5
358.6
3.5
33650
Economic Development & Finance Division
18
New Hampshire
37375
739.5
705.7
4.6
40780
NH Department of Resources & Economic Development
19
Iowa
35814
1671.9
1594.8
4.6
34650
Iowa Department of Economic Development
20
Wyoming
40303
293.9
283.9
3.4
36110
Wyoming Business Council
21
Kansas
34770
1506.6
1428
5.2
36300
Kansas, Inc.
22
Oklahoma
29470
1768.9
1681.9
4.9
33720
Oklahoma Department of Commerce
23
Kentucky
30364
2049.4
1889.5
7.8
34950
The Kentucky Cabinet for Economic Development
24
Oregon
38339
1990.9
1812
9
40040
Oregon Economic & Community Development Department (ECDD)
25
Alaska
44807
362
334.7
7.5
45770
Department of Commerce, Community, and Economic Development
26
Missouri
32590
3012.3
2792.6
7.3
37240
Missouri Department of Economic Development
27
Montana
28201
505.7
478.5
5.4
32640
Montana Department of Commerce
28
Nebraska
37075
997.6
957.6
4
35270
Nebraska Department of Economic Development
29
Pennsylvania
35153
6442.2
6008.5
6.7
38960
Pennsylvania Department of Community & Economic Development
30
Mississippi
24477
1310.9
1206.4
8
31730
Mississipi Development Authority
31
Maryland
39596
2995.6
2820.9
5.8
45780
Maryland Department of Business and Economic Development
32
Minnesota
41353
2951.8
2748.9
6.9
42820
Minnesota Department of Employment & Economic Development
33
Maine
30282
710.7
660.7
7
36450
Department of Economic and Community Development (DECD)
34
New Mexico
30943
966.1
918.4
4.9
35790
New Mexico Economic Development Department
35
Arkansas
27781
1370.3
1285.9
6.2
32450
Arkansas Economic Development Commission
36
Vermont
34197
356.9
334.2
6.4
38060
Vermont Department of Economic Development
37
West Virginia
24929
800
761
4.9
32310
West Virginia Economic Development Authority (WVEDA)
38
Connecticut
51911
1894.7
1760.5
7.1
47680
Department of Economic & Community Development (DECD)
39
Rhode Island
36543
566.2
509.4
10
42210
Rhode Island Economic Development Corporation
40
Washington
40361
3534.2
3282.5
7.1
44710
Washington State Department of Community, Trade & Economic Development (CTED)
41
Hawaii
38850
661.7
625.3
5.5
40200
Department of Business, Economic Development & Tourism
42
District of Columbia
Office of the Deputy Mayor for Planning & Economic Development (DMPED)
43
Wisconsin
34890
3094.3
2902.9
6.2
38070
Wisconsin Economic Development Association
44
Louisiana
35181
2061.1
1939.1
5.9
34060
Louisiana Economic Development
45
Ohio
34040
5971.6
5506.8
7.8
38640
Ohio Department of Development
46
Illinois
39568
6640.4
6135.1
7.6
43050
Department of Commerce and Economic Opportunity (DCEO)
47
Massachusetts
47351
3418.1
3182.7
6.9
49070
CEDAC: Community Economic Development Assistance Corporation
48
New Jersey
45052
4550.6
4225.7
7.1
47100
New Jersey Economic Development Authority
49
Michigan
32846
4894.3
4375
10.6
42210
Michigan Economic Development Corporation (MEDC)
50
New York
49038
9635.3
8963.7
7
47610
New York State Department of Economic Development (Empire State Development)
51
California
42376
18648.5
16916.7
9.3
45990
California Employment Development Department