Massachusetts

#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

STATE	OVERALL REGIONAL RANK	TAXATION & REGULATION REGIONAL RANK	WORKFORCE QUALITY REGIONAL RANK	LIVING ENVIRONMENT REGIONAL RANK
Connecticut	9	10	6	5
Delaware	11	11	3	2
Maine	3	5	5	9
Maryland	7	8	11	8
Massachusetts	8	9	1	6
New Hampshire	2	2	2	1
New Jersey	10	6	9	11
New York	11	11	8	10
Pennsylvania	4	3	4	4
Rhode Island	6	7	7	7
Vermont	5	4	10	3

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
[email protected]
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.”