(Undated) -- Illinois' economic outlook is one of the worst in the nation. The American Legislative Exchange Council ranks the state at number 48 in its latest edition of "Rich States, Poor States." The ranking is based on 15 variables, including business tax rates and workers' compensation costs. Illinois' businesses tax rate comes in at number 44, at nine-and-a-half-percent. And the workers' comp payout comes in number 47, at two-dollars-and 83-cents for every 100-dollars in payroll costs.