New York scores a mediocre number 36 on CNBC’s new ranking of “America’s Top States for Business ’09.” Based on 40 measures of competitiveness grouped into 10 categories, the Empire State ranked dead last in “Cost of Business” and “Workforce,” the latter apparently weighted heavily by New York’s high unionization rate.  Low ranks in “Cost of Living” and “Business Friendliness” also pulled down the ranking.  However, CNBC rated New York near the top in three categories: “Technology and Innovation,” “Education” and “Capital.”

In other words, a friend notes, “we are the capital and job training provider for other states around the country.”

About the Author

E.J. McMahon

Edmund J. McMahon is the Empire Center’s founder and a senior fellow.

Read more by E.J. McMahon

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