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CNBC Study Reveals Where CT Ranks Among Best States For Business

Education is one of Connecticut's leading attributes, according to a CNBC study. This is a photo of Yale University.
Education is one of Connecticut's leading attributes, according to a CNBC study. This is a photo of Yale University. Photo Credit: Provided

Texas finished first.

Alaska finished last.

How does Connecticut fare compared to other states for business?

In this study, CNBC scored all 50 states on more than 60 measures of competitiveness, developed with input from a broad and diverse array of business and policy experts, official government sources, the CNBC Global CFO Council , CEOs on the frontline of the economy known as the Young Presidents Organization -- and the states themselves.

Connecticut placed 37th overall of the 50 states. (See a breakdown of scores below or by clicking here. )

States received points based on their rankings in each metric. Then CNBC separated those metrics into 10 broad categories, weighted based on how frequently each is used as a selling point in state economic development marketing materials. That way, their study ranked the states based on criteria they use to sell themselves.

Connecticut's leading trait was the level of education of its workforce, where it placed 9th nationwide.

Infrastructure -- or the condition of the state's roads, bridges and public services -- counted against Connecticut as did its cost of doing business, cost of living and economy.

Connecticut also received some higher scores for access to capital and the quality of its workforce.

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