July 12, 2017

CT climbs in rankings of top states for business

Connecticut has climbed 10 spots to rank 33rd in CNBC's 2017 ranking of top states for business. The improved ranking was largely a result of better scores for education and the workforce.

In fact, the workforce category, where Connecticut ranked 7th in 2017 as opposed to 18th a year ago, and infrastructure, where it remained at 47th, are considered major drivers among 10 major categories and 66 metrics CNBC uses to rank the 50 U.S. states.

Connecticut's favorable ranking comes as a bit of a surprise since the state lost GE's corporate headquarters to Boston last year and is losing Aetna's corporate headquarters to New York City this year.

The Nutmeg State also improved its education ranking. It ranked third this year compared to 18th in 2016. Gov. Dannel P. Malloy has recently championed improved graduation rates across the state.

While the state of Washington ranked No. 1, Connecticut rival New York came in at 38th. In New England, Massachusetts ranked 10th, Rhode Island 45th, Maine 46th, New Hampshire 18th, and Vermont 35th.

For current and past rankings, visit CNBC's website.

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