#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? ✗
Regional Profile – Northeast
| Connecticut | ||||
| Delaware | ||||
| Maine | ||||
| Maryland | ||||
| Massachusetts | ||||
| New Hampshire | ||||
| New Jersey | ||||
| New York | ||||
| Pennsylvania | ||||
| Rhode Island | ||||
| Vermont |
Key Industries
Biotech
Key Companies
BJ’s Wholesale Club
Boston Scientific
EMC Corp.
Global Partners
Raytheon
The TJX Companies
Staples
Advantages
Unemployment is below 5% and Massachusetts is the 12th largest state economy.
GE has pledged to bring 800 jobs to the Boston area.
Challenges
The state government’s inaction on raising net metering caps and reforming the solar program has haulted construction of 671 million in solar projects, which could cost the state $3.2 million in annual tax revenues.
Key Contacts
Office of Business Development
Annamarie Kersten, EDIP Director
617-973-8534
10 Park Plaza, Suite 3730
Boston, MA 02116
annamarie.kersten@state.ma.us
http://www.mass.gov/hed/economic/eohed/bd/
CEO Comments
“Massachusetts needs a major highway overhaul, traffic into and out of Boston is terrible and [there haven’t been any] road upgrades in over 20 years.”
“Massachusetts is improving slightly but has a long way to go.”
Current Developments
Regional Report: Northeast 2016
March 18, 2016
7 Best States for Startups
May 8, 2014
How 11 CEOs Unplug and Power Down
November 5, 2015