You’ve probably heard that Maine has been ranked the worst state in the union for business, but you may not know much about what’s behind those rankings. This week we dig deeper into the topic, with Kurt Badenhausen, senior editor of Forbes magazine, developer of the best known ranking. Kurt’s been doing this ranking for many years, really dives deep into the analysis, and offers lots of valuable perspective.
Maine is not actually last in any category, and scores better than New Hampshire in business costs, something that may surprise you. And what really surprised me was that a low cost of living won’t get you high in the ranking; and that access to education, arts and culture are among the most important factors in scoring well.
But still, I don’t know about having a worse quality of life than New Jersey.
So, do you think Maine deserves to be 50th? Leave a comment below.