ma a strong state for business july 2009

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A Partnership Dedicated to Fostering Economic Growth in Massachusetts Massachusetts: A strong state for business. July 14, 2009

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Page 1: Ma   A Strong State For Business July 2009

A Partnership Dedicated to Fostering Economic Growth in Massachusetts

Massachusetts: A strong state for business.

July 14, 2009

Page 2: Ma   A Strong State For Business July 2009
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Per Captia Income – Top 10 States

Per Capita Income - Top 10 States

Rank State Income1 Connecticut $54,9842 New Jersey $49,2383 Massachusetts $49,1424 Wyoming $47,0385 New York $46,6646 Maryland $46,6467 California $41,5808 Virginia $41,5619 New Hampshire $41,444

10 Washington $41,062

(*) Source: US Department of Commerce, Bureau

of Economic Analysis, 2007

Page 14: Ma   A Strong State For Business July 2009

MA is a Research & Development State

Industrial R&D share of Gross State Product

Rank State Share1 Massachusetts 4.60%2 Michigan 4.40%3 Connecticut 4.00%4 Washington 3.90%5 California 3.40%6 New Jersey 3.30%7 New Hampshire 3.20%8 Rhode Island 2.90%9 Minnesota 2.60%

10 Delaware 2.40%

Source: Bureau of Economic Analysis, National

Science Foundation, 2006

Page 15: Ma   A Strong State For Business July 2009

MA is a National Leader in Patents

Patents per 100,000 Workers

Rank State Patents1 Idaho 266.82 California 161.53 Vermont 160.34 Oregon 149.25 Massachusetts 136.76 Washington 127.07 Minnesota 122.48 Connecticut 111.19 Colorado 104.8

10 New Hampshire 104.7

Source: US Patent Office, State Science & Technology

Institute, 2006

Page 16: Ma   A Strong State For Business July 2009

MA is the National Leader for Biomedical Research

National Institutes of Health per CapitaResearch Grants

Rank State Per Capita Grants1 Massachusetts $346.702 Maryland $173.813 Rhode Island $135.594 Connecticut $133.975 Washington $121.476 Pennsylvania $112.557 Vermont $107.148 North Carolina $102.779 New York $100.29

10 California $86.54

Source: US Department of Health & Human Services,

National Institute of Health and the US Census, 2007

Page 17: Ma   A Strong State For Business July 2009

MA is the National Leader as a High-Tech State

State Technology & Science Index

Rank State Average Score1 Massachusetts 82.62 Maryland 80.03 Colorado 78.34 California 74.65 Washington 72.16 Virginia 70.37 Connecticut 70.28 Utah 69.29 New Hampshire 67.9

10 Rhode Island 66.7

Source: Milken Institute State Technology & Science Index, 2008

Milken Institute's The State Technology & Science Index is based

on 77 indicators of technology development

Page 18: Ma   A Strong State For Business July 2009

MA is the National Leader in the New Economy Industries & Capabilities Index

2008 State New Economy Index *

Rank State Score1 Massachusetts 97.02 Washington 81.93 Maryland 80.04 Delaware 79.35 New Jersey 77.06 Connecticut 76.17 Virginia 75.68 California 75.09 New York 74.4

10 Colorado 70.4

Source: The Information Technology & Innovation Foundation. * The index

uses 29 indicators into five categories: Knowledge jobs, Globalization

Economic dynamism, Transformation to a digital economy and Technology

Innovation capacity.

Page 19: Ma   A Strong State For Business July 2009

MA is the National Leader with Students Scoring Well in Reading

Fourth-Grade Reading Scores

Rank State Score1 Massachusetts 235.82 New Jersey 230.63 New Hampshire 229.04 Vermont 228.25 Connecticut 227.26 Virginia 227.17 Montana 226.78 Pennsylvania 226.49 North Dakota 226.3

10 Ohio 225.7

Source: National Center for Education Statistics, 2007

Page 20: Ma   A Strong State For Business July 2009

MA is the National Leader with Students Scoring Well in Math

Fourth-Grade Math Scores

Rank State Score1 Massachusetts 252.42 New Jersey 248.63 New Hampshire 248.64 Kansas 247.95 Minnesota 247.06 Vermont 246.47 North Dakota 245.48 Indiana 245.19 Ohio 244.5

10 Wisconsin 244.2

Source: National Center for Education Statistics, 2007

Page 21: Ma   A Strong State For Business July 2009

MA is the National Leader in college Degree Attainment

% of Population over 25 with a BA Degree of higher

Rank State % College Grads1 Massachusetts 37.92 Maryland 35.23 Colorado 35.04 Connecticut 34.75 New Jersey 33.96 Vermont 33.67 Virginia 33.68 New Hampshire 32.59 New York 31.7

10 Minnesota 31.0

Source: US Census Bureau, American Community

Survey, 2007

Page 22: Ma   A Strong State For Business July 2009

MA workers add significant value to their company

Manufacturing Value Added per Production Worker

Rank State Value Added1 Louisiana $758,1712 Wyoming $437,6083 New Mexico $394,9614 Delaware $366,1965 Texas $350,3456 Oregon $316,5417 Connecticut $301,1668 Washington $295,4809 Massachusetts $281,298

10 North Carolina $279,982

Source: US Annual Survey of Manufacturers, 2006

Page 23: Ma   A Strong State For Business July 2009

MA workers are highly productive

Per Capita Gross State Product

Rank State Per Capita GSP1 Delaware $69,5202 Alaska $65,1333 Connecticut $61,7504 Wyoming $60,2765 New York $57,1586 Massachusetts $54,5007 New Jersey $53,5918 Louisiana $50,3469 Virginia $49,658

10 California $49,598

Source: US Bureau of Economic Analysis & Bureau

of Labor Statistics, 2007

Page 24: Ma   A Strong State For Business July 2009

MA is a significant Exporter

Per Capita Exports

Rank State Per Capita Exports1 Washington $10,2432 Louisiana $7,0753 Texas $7,0354 Alaska $5,6985 Vermont $5,5286 Kentucky $4,6257 Delaware $4,6108 Oregon $4,4079 Michigan $4,406

10 Indiana $4,07811 Massachusetts $3,920

Source: Office of Trade & Industry Information (OTII),

Manufacturing and Services, International Trade Administration,

US Department of Commerce, 2007

Page 25: Ma   A Strong State For Business July 2009

MA is one of the Leading States in Energy Efficiency

Overall State Scoring on Energy Efficiency

Rank State Score1 California 40.52 Oregon 37.03 Connecticut 36.04 Vermont 33.05 New York 32.56 Washington 32.07 Massachusetts 26.58 Minnesota 26.59 Wisconsin 26.0

10 New Jersey 25.5

Source: ACEEE (American Council for an Energy

Efficient Economy) 2008 State Energy Efficiency Scorecard

Page 26: Ma   A Strong State For Business July 2009

MA is a National Leader in Communications Technologies

High-Speed Lines (ADSL, Wireline, Fiber, Satellite, Fixed Wireless) per 1 Million People

Rank State High Speed Lines1 New Jersey 477,7912 Connecticut 441,6303 New Hampshire 413,5154 Nevada 413,1015 Massachusetts 412,4966 Delaware 409,0867 California 395,2248 Wyoming 393,4579 Rhode Island 393,643

10 Maryland 386,643

Source: Federal Comm. Commission, Common Carrier Bureau

Industry Analysis Division, Statistical Trends in Telephony, 2007

Page 27: Ma   A Strong State For Business July 2009

MA Citizens have good access to Primary Health Care

% of Population with Access to Primary Care

Rank State % with Access1 South Dakota 98.80%2 Rhode Island 91.40%3 Hawaii 91.40%4 Wisconsin 91.40%5 Minnesota 90.80%6 Maine 90.70%7 Connecticut 90.70%8 Ohio 90.10%9 Pennsylvania 90.00%

10 Vermont 89.90%11 Massachusetts 89.80%

Source: Morgan Quitno, 2007. People with access to primary

care have reasonable & geographic access to primary

care parishioners

Page 28: Ma   A Strong State For Business July 2009

MA is a Healthy State

State Health Score, 2007

Rank State Score (*)1 Vermont 21.72 Minnesota 20.53 Hawaii 19.54 New Hampshire 18.15 Connecticut 16.66 Utah 14.87 Maine 14.68 North Dakota 14.19 Massachusetts 13.5

10 Nebraska 12.8

Source: United Health Foundation, 2007

(*) Scores presented in this table indicate the percentage a state is above or below

the national norm. Eighteen components are in the index, including factors such as

prevalence of smoking, infectious disease rates, immunization coverage and death rates

Page 29: Ma   A Strong State For Business July 2009

MA is a Safe place to Live and Work

Crimes per 100,000 Population

Rank State Crimes1 South Dakota 1,7912 New Hampshire 2,0133 North Dakota 2,1284 Vermont 2,4415 New York 2,4886 Maine 2,6347 New Jersey 2,6448 Idaho 2,6669 Virginia 2,760

10 Connecticut 2,78511 Kentucky 2,80812 Rhode Island 2,81413 Massachusetts 2,838

Source: Federal Bureau of Investigation, "Crime in the United States 2006".

(Uniform Crime Reports, September 2007. Includes murder, rape, robbery,

aggravated assault, burglary, larceny-theft, and motor vehicle theft.

Page 30: Ma   A Strong State For Business July 2009

John R. DiNapoliDirector of Business [email protected]

892 Worcester StreetWellesley, MA 02482781-489-6262 or www.massecon.com

Contact Information