#6 Massachusetts
Top States 2011: Massachusetts
| Category | Score | 2011 Rank | 2010 Rank |
|---|---|---|---|
| Cost of Doing Business | 107 | 41 | 39 |
| Workforce | 157 | 31 | 23 |
| Quality of Life | 247 | 10 | 6 |
| Infrastructure & Transportation | 165 | 29 | 39 |
| Economy | 162 | 15 | 17 |
| Education | 181 | 4 | 1 |
| Technology & Innovation | 208 | 3 | 3 |
| Business Friendliness | 146 | 15 | 14 |
| Access to Capital | 98 | 2 | 2 |
| Cost of Living | 10 | 41 | 41 |
| OVERALL | 1481 | 6 | 5 |
ECONOMIC PROFILE
Governor: Deval Patrick (D)
Population: 6,547,629
GDP (2009 per capita): $50,023
Unemployment rate (May 2011): 7.6 percent
Foreclosure rate (May 2011): One per 1,124 households
Budget gap (projected 2012): $1.8 billion
Corporate tax rate: 8.25 percent (9.5 percent financial institutions)
Largest employers: Alcatel-Lucent, Deutsche Bank, EMC CORP
Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development
