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Massachusetts

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Overall Rank

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4

Ease of doing business

theboardiQ Economic Relevance Score, ranks States of USA based on 14 parameters and 4 Pillars

4 Pillars National Ranking

Economic Scale & Vitality
Innovation & Enterprise
Human Capital & Living
Structural & Policy
6
2
12
32

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
12
30
8

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
2
16
2

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
7
2
49
13

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
43
47
27
5

STATE PERFORMANCE GAUGE CHARTS



US STATES ECONOMIC & INNOVATION COMPETITIVENESS

An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.

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Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.

The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens

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COMPETITIVENESS SWOT

Massachusetts

Strengths

• Ranked #4 nationally overall; #2 in Innovation & Enterprise and Human Capital & Living• Global leader in higher education (Harvard, MIT), biotechnology, medical research, and VC per capita ($2,324)• Ranked #1 in Educational Attainment and #2 in Disposable Income Per Capita ($82,693)

Weaknesses

• Extremely high cost of living (#49) and prohibitive housing/real estate prices• Aging transit/MBTA infrastructure and high business tax environment (#43)• Severe workforce housing deficit causing regional out-migration

Opportunities

• Advanced AI research, climate-tech, quantum computing, and biomanufacturing• Offshore wind power hub development in the North Atlantic• Expansion of digital healthcare and financial technology networks

Threats

• Housing unaffordability driving mid-level tech/science talent to lower-cost states• High energy costs impacting commercial and industrial expansion• Macroeconomic contraction impacting venture capital and biotech funding cycles

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
12
$813.6B
2.65%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
30
-$7,115
$30,028
$1,639,475
1.83%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$37,143
$2,415,187
1.54%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
8
34
4.3
13
3,711.00
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
0.4
16.3
65.50%

Innovation & Enterprise

R&D

R&D Overall Rank
R&D spend as a % of GDP
Patents Awarded per 1K S&E Occ
Bus Perf R&D (% Output)
2
9.19%
22.04
7.77%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
16
15
$391.8B

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
2
$106
$2,324
$9,688

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
7
78
1st
4th
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
21.50%
23.20%
6.60%
23.10%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
2
$82,693
60.0%
2.9%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
49
148
105
213
160
107
130

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
13
5696.353
124.41
$813.6B
6.54

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
43
33
42
22
48
45

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
47
1
99.90%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
27
3,711.00
227.5
2.32%
$68.0B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
6.13%
1.81%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
5
16
1

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265 Garnet Dr 

Livermore, CA 94550

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