#45 Massachusetts
2.24 out of 10 in Taxation and Regulation
6.49 out of 10 in Workforce Quality
5.63 out of 10 in Living Environment
Right to Work? ✗
State Profile
A large majority of companies that chose Massachusetts as a place to expand their business would do it again, primarily based on its innovative economy, industry clusters and skilled workforce, according to “Choosing Massachusetts for Business: Key Factors in Location Decision-Making,” an 18-month study commissioned by MassEcon, the nonpartisan economic development organization, and conducted by the UMass Donahue Institute’s Economic and Public Policy Research group. According to survey respondents, the top three strengths of doing business in Massachusetts were workforce, superior industry clusters and the community environment.
Key Industries
Biotech
Key Companies
BJ’s Wholesale Club
Boston Scientific
EMC Corp.
Global Partners
Raytheon
The TJX Companies
Staples
Key Contacts
Office of Business Development
Annamarie Kersten, EDIP Director
617-973-8534
10 Park Plaza, Suite 3730
Boston, MA 02116
[email protected]
http://www.mass.gov/hed/economic/eohed/bd/
CEO Comments
“Massachusetts lives on life science and financial, but is not generally business friendly.”
Current Developments
YOU MIGHT ALSO BE INTERESTED IN…
- Advertisement -
- Advertisement -
FEATURED CONTENT
New Poll: CEOs Find Challenges In Using Customer Data To Drive Innovation
Ability to harness and sort through data for meaningful insights remains a hurdle, many say. “The key is...finding what is actually relevant.”
SUBSCRIBE TO CHIEF EXECUTIVE
Sign Up to Receive Chief Executive Magazine
Chief Executive’s publications are designed to help CEOs do their jobs better and run their businesses more effectively. Subscribe here.
CEO CONFIDENCE INDEX
In Poll, Majority of CEOs Say Hybrid Work Is Here to Stay for 2022. Full Virtual? Not so Much
Almost all the CEOs we surveyed in May say they will work in at least partially hybrid mode for the rest of the year—versus just 7 percent who said they'd be fully remote.