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Old 07-13-2022, 07:55 AM
 
3,217 posts, read 2,353,650 times
Reputation: 2742

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https://www.cnbc.com/2022/07/13/nort...-business.html


https://www.cnbc.com/2022/07/13/amer...-rankings.html

Top Five
NC
WA
VA
CO
TX
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Old 07-13-2022, 08:46 AM
 
Location: Baltimore
21,628 posts, read 12,727,444 times
Reputation: 11211
Massachusetts 49th for cost of doing business lol. Only Hawaii is worst.

If you are 49th in Cost of doing business, and 26th in the economy I cant really understand how you are 24th for Business overall...especially if they only rank the workforce at 24 and innovation at 10.
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Old 07-13-2022, 09:51 AM
 
4,159 posts, read 2,843,148 times
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Quote:
Originally Posted by BostonBornMassMade View Post
Massachusetts 49th for cost of doing business lol. Only Hawaii is worst.

If you are 49th in Cost of doing business, and 26th in the economy I cant really understand how you are 24th for Business overall...especially if they only rank the workforce at 24 and innovation at 10.
It’s #1 for education and #6 for access to capital.
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Old 07-13-2022, 09:56 AM
 
Location: Baltimore
21,628 posts, read 12,727,444 times
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Quote:
Originally Posted by Heel82 View Post
It’s #1 for education and #6 for access to capital.
I guess that can offset being 47th for Cost of Living...

When you talk about business friendly in Massachusetts you are talking about businesses of revenues of at least $30M+
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Old 07-13-2022, 10:33 AM
 
Location: Bergen County, New Jersey
12,158 posts, read 7,985,265 times
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Quote:
Originally Posted by BostonBornMassMade View Post
I guess that can offset being 47th for Cost of Living...

When you talk about business friendly in Massachusetts you are talking about businesses of revenues of at least $30M+
Massachusetts is for $$$$$companies who need access to intellectual property in extremely in-demand fields. Just like California and NYC. MA is no different.
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Old 07-13-2022, 11:00 AM
 
Location: Baltimore
21,628 posts, read 12,727,444 times
Reputation: 11211
Quote:
Originally Posted by masssachoicetts View Post
Massachusetts is for $$$$$companies who need access to intellectual property in extremely in-demand fields. Just like California and NYC. MA is no different.
It's CNBC i get it- but the majority of the businesses in this country are small businesses. Personally, I'm more interested in that list- I should make a thread for that.
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Old 07-13-2022, 11:19 AM
 
Location: Bergen County, New Jersey
12,158 posts, read 7,985,265 times
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Quote:
Originally Posted by BostonBornMassMade View Post
It's CNBC i get it- but the majority of the businesses in this country are small businesses. Personally, I'm more interested in that list- I should make a thread for that.
Well thats not really what this list is about. Unless its a startup in the Cambridge area, MA isn't the market for small businesses.
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Old 07-13-2022, 11:22 AM
 
Location: Baltimore
21,628 posts, read 12,727,444 times
Reputation: 11211
Quote:
Originally Posted by masssachoicetts View Post
Well thats not really what this list is about. Unless its a startup in the Cambridge area, MA isn't the market for small businesses.
Both points are taken and both points are understood.
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Old 07-13-2022, 02:12 PM
 
Location: Brooklyn, NY
10,055 posts, read 14,422,738 times
Reputation: 11240
Some highlighted category breakdowns, based on this source:

Technology & Innovation (most important in my opinion)

5 North Carolina

4 Texas

3 New York

2 Washington

1 California

Workforce:

5 Delaware

4 Washington

3 Georgia

2 Texas

1 Colorado

Economy

5 Idaho

4 Florida

3 Washington

2 Tennessee

1 North Carolina
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Old 07-13-2022, 03:27 PM
 
1,203 posts, read 790,966 times
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For Indiana, they're #1 in infrastructure and #2 in "Cost of doing business", and ranks high in Economy (#10) and "Business Friendliness" (#18) and is average on "Technology & Innovation" (#23).

Yet they're just not higher b/c their workforce is awful (#48) along with "Inclusion" factor (#43). The former is particularly a big problem as Indiana had long been facing a "brain drain" where people just does not stay in Indiana, especially after college. This is with a top-notch STEM university (Purdue) also...

You can see similar ratings in Ohio actually - top notch universities (i.e. OSU but not just that) but otherwise facing a huge brain drain.

Last edited by JMT; 07-13-2022 at 04:02 PM.. Reason: Discussing moderator actions is against the TOS.
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