Americas Top States For Business 2010

#5 Massachusetts

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Photo: Gavin Hellier | Photographer's Choice | Getty Images

Category	Score	2010 Rank	2009 Rank
Cost of Doing Business	179	39	40
Workforce	175	23	26
Quality of Life	238	6	6
Economy	144	17	12
Transportation & Infrastructure	80	39	31
Technology & Innovation	231	3	5
Education	155	1	1
Business Friendliness	119	14	17
Access to Capital	49	2	2
Cost of Living	5	40	36
OVERALL	1375	5	8

ECONOMIC PROFILE

Governor: Deval Patrick (D) (Election this year)

Population: 6,593,587

GDP (2008 per capita): $48,088

Unemployment rate (May 2010): 9.2 percent

Foreclosure rate (May 2010): One per 644 households

Budget gap (projected 2011): $2.7 billion

Corporate tax rate: 8.75 percent (10.0 percent financial institutions)

Largest employers: Massachusetts Mutual Life Insurance, Smurfit-Stone Container Corporation and Stop & Shop

Sources: US Government, RealtyTrac, Center for Budget & Policy Priorities, Federation of Tax Administrators, Massachusetts Office of Business Development

FEATURED

Texas Claims The Top Spot
With the biggest point total in the history of our study, Texas posts a big victory as America’s Top State for Business 2010.
State by State (#1-50)
Complete Rankings for 2010
Categories & Criteria
Archive: 2009 Top States For Business Results
Archive: 2008 Top States For Business Results

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