12/19/2006
For the third year in a row, Massachusetts rank number one among the states for economic competitiveness.
Despite persistent worries about population loss, the threat to its high tech base, and high housing costs, the state’s economic fundamentals are strong, making it the state most able to sustain a high standard of living for its residents and best equipped to enjoy economic growth over the long term, according to the Institute's sixth annual State Competitiveness Report.
According to the latest study from The Beacon Hill Institute at Suffolk University, entitled State Competitiveness Report 2006, the Bay State leads the nation across a broad variety of economic indicators.
Two states that finished second and third last year, Utah and New Hampshire, also ranked second and third this year.