Best and Worst States for Business
Thursday, February 13, 2020
> 1-yr. real GDP change: +3.1% (13th best)
> Avg. earnings per job: $75,637 (2nd highest)
> Adults with a bachelor’s degree: 44.5% (the highest)
> 2018 venture capital deals: 9.6 per 100,000 people (the most)
With a well-educated workforce and a high concentration of innovative startups, Massachusetts ranks as the best state for business. Of all adults 25 or older in the state, 44.5% have a bachelor’s degree or higher. Additionally, there were 660 venture capital deals in the state in 2018, or 9.6 for every 100,000 people, the highest rate of VC deals per capita of any state.