CNBC: CT 24th-best state for business

14 Jul 2021

Economic Development

Connecticut shot up more than 10 places on CNBC’s latest ranking of business-friendly states, published Tuesday.

CNBC’s 2021 “America’s Top States for Business” report — which evaluates metrics related to costs of doing business, workforce quality, infrastructure and other categories — says Connecticut is the 24th-best state for business in the country, up from 35th in 2019.

CNBC did not release a 2020 version of the typically annual ranking.

The report says Connecticut improved in several key areas over the last two years, including infrastructure (43rd in 2019 to 18th in 2021), economic strength (43rd to 32nd), technology and innovation (18th to 8th) and overall business climate (21st to 8th).

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