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Ranking states in the “new economy”
Eli Dile   on Thursday, November 16, 2017 at 12:00:00 am

There’s no shortage of state rankings, whether it’s for tax burden, quality of life, or business friendliness. The Information Technology and Innovation Foundation’s (ITIF) State New Economy Index offers a more comprehensive report card that grades states on their ability to compete in the innovation and technology economy.

The index considers 25 indicators that measure the extent to which a state economy is “knowledge-based, globalized, entrepreneurial, IT-driven, and innovation-based.” Those indicators cover five main categories: 1) knowledge jobs, 2) globalization, 3) economic dynamism, 4) the digital economy, and 5) innovation capacity.

ITIF’s top five ranked states are: Massachusetts, California, Washington, Virginia, and Delaware.

A full scorecard that ranks performance across all 25 indicators is available here.


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