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America's Top States For Business 2011

#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

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