The state of Washington ranks #1 in CNBC’s 11th annual America’s Top States for Business ranking. Here are just a few reasons why:

  • Its economy grew 3.7% in 2016, (2 1/2 times the national rate)
  • It is home to the nation’s largest concentration of STEM (science, technology, engineering, and math) workers
  • Only California ranked above Washington in the number of patents filed last year
  • Its economy is both new and old: Amazon and Costco, Boeing and Expedia

For the past 11 years, CNBC has been scoring states to see how they rank in competitiveness. In its study, they score 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, YPO and the states themselves.


CNBC’s 2017 ranking of top states for business

State

Overall

Workforce

Infra-structure

Cost of Doing Business

Economy

Quality of Life

Tech and Innovation

Education

Business Friendly

Access to Capital

Cost of Living

Washington

1

5

32

32

3

5

3

19

31

8

37

Georgia

2

3

4

26

1

28

23

33

19

9

14

Minnesota

3

16

10

36

6

3

5

2

33

16

31

Texas

4

1

1

15

25

37

11

34

24

3

9

North Carolina

5

7

20

9

15

28

6

32

8

9

19

Colorado

6

4

28

38

13

14

7

12

8

12

32

Virginia

7

2

25

35

20

17

16

13

7

13

28

Utah

8

18

9

24

4

20

18

34

16

18

17

Tennessee

9

19

2

6

5

42

30

37

4

23

7

Massachusetts

10

6

41

45

14

10

1

1

20

7

47

Michigan

11

13

19

24

9

33

9

23

25

17

3

Florida

12

22

7

30

2

24

28

40

17

4

27

Nebraska

13

20

26

13

27

10

33

5

6

41

13

Indiana

14

35

3

2

10

45

26

29

8

24

2

Iowa

15

42

23

10

21

9

25

9

11

30

15

Ohio

16

31

5

22

17

40

15

15

37

14

18

Oregon

17

30

20

28

10

12

14

27

41

22

39

New Hampshire

18

14

49

39

22

6

21

8

1

32

30

North Dakota

19

12

17

29

40

4

39

13

4

47

26

Idaho

20

33

32

11

8

18

36

44

3

41

6

Wisconsin

21

28

26

22

28

24

17

15

27

25

24

Missouri

22

43

11

17

18

46

22

15

23

20

11

Pennsylvania

23

21

38

34

34

30

10

10

28

5

34

South Dakota

24

39

37

14

22

14

41

25

2

34

34

Maryland

25

11

43

48

7

26

4

25

33

15

44

Arizona

26

7

14

37

19

31

24

49

14

18

25

Wyoming

27

17

14

26

43

16

40

11

13

50

15

California

28

10

22

49

22

21

2

28

50

1

48

South Carolina

29

23

30

16

15

36

35

40

29

28

29

Montana

30

44

30

11

35

8

37

22

26

35

30

Illinois

31

24

24

30

45

27

12

24

47

5

21

New Jersey

32

26

46

45

31

13

18

4

42

9

41

Connecticut

33

7

47

43

41

23

13

3

32

20

45

Kansas

34

33

12

21

46

35

31

18

15

36

8

Kentucky

35

47

6

3

29

41

38

30

44

27

10

Vermont

35

45

29

41

37

2

29

7

30

46

43

Alabama

37

36

18

7

26

50

31

47

33

29

12

New York

38

39

45

47

33

19

8

5

45

2

49

Nevada

39

41

8

18

10

34

50

50

18

26

36

Delaware

40

15

36

40

39

37

18

36

22

38

33

Arkansas

41

37

12

7

32

47

48

38

39

32

4

New Mexico

42

32

16

19

44

42

27

45

45

38

22

Oklahoma

43

38

32

20

42

48

44

43

12

36

5

Louisiana

44

28

39

4

49

49

47

48

40

31

20

Rhode Island

45

27

50

43

29

31

34

20

37

44

42

Maine

46

50

48

32

38

7

41

20

36

40

38

Alaska

47

25

35

42

48

22

41

42

20

49

46

Mississippi

48

46

41

1

47

44

46

46

43

44

1

Hawaii

49

48

40

50

35

1

45

30

47

41

50

West Virginia

50

49

44

4

50

39

49

39

49

47

22