Auction: July 11 - 81 Walker St. Lenox, MA Property Information Package
Ma A Strong State For Business July 2009
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Transcript of 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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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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John R. DiNapoliDirector of Business [email protected]
892 Worcester StreetWellesley, MA 02482781-489-6262 or www.massecon.com
Contact Information