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America's Top States For Business '09

#8 Massachusetts
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Boston, Massachusetts
(Photo: iStockphoto)
Category Score 2009 Rank 2008 Rank
Cost of Doing Business 169 40 41
Workforce 170 26 34
Quality of Life 239 6 15
Economy 146 12 25
Transportation & Infrastructure 90 31 36
Technology & Innovation 210 5 4
Education 159 1 1
Business Friendliness 103 17 13
Access to Capital 49 2 2
Cost of Living 7 36 42
OVERALL 1342 8 15

 

ECONOMIC PROFILE

 
Governor: Deval Patrick (D)

Population: 6,497,967

GDP (2008 per capita): $48,088

Economic Change (2007-2008): 1.9%

Unemployment Rate (June 2009): 8.6%

Foreclosure Rate (June 2009): One per 845 households

Stimulus Funds Distributed (as of July 8, 2009): $5.2 billion

Budget Gap (projected 2010): $5.0 billion



Sources: US Government, RealtyTrac, Center for Budget & Policy Priorities

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