46. Maine

Quality of life is sublime in the Pine Tree State, but the supply of skilled and productive workers is sparse.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 146 50 50
Infrastructure 108 48 48
Cost of Doing Business 163 32 (Tie) 33
Economy 132 38 49
Quality of Life 216 7 5
Technology & Innovation 68 41 (Tie) 39
Education 117 20 (Tie) 31
Business Friendliness 59 36 34
Access to Capital 24 40 27
Cost of Living 13 38 39
Overall 1046 46 46

Economic Profile

Governor: Paul LePage, Republican

Population: 1,331,479

GDP growth (Q4 2016): 0.7 percent

Unemployment rate (May 2017): 3.2 percent

Top corporate tax rate: 8.93 percent

Top individual income tax rate: 10.15 percent

Gasoline tax: 30.01 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa2, AA stable

Major private employers: Hannaford Brothers Co., Avangrid

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

Latest Special Reports

  • CNBC Changemakers

    CNBC Changemakers: Women Transforming Business is an annual list spotlighting women whose accomplishments have left an indelible mark on the business world.

  • Unlock the keys to building a successful long-term financial plan: manage your money, grow your money, and protect it.

  • More than ever, the hope for a sustainable world has gained traction among the next generation of businesses, policymakers and investors. CNBC’s Sustainable Future focuses on how smart investments, new ideas and tech innovation can generate commerce — and a world — with staying power.