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July 18, 2022

Maine ranks near bottom for business, CNBC says

Maine is the eighth-worst state for business, according to an analysis released last week by cable news network CNBC.

The Pine Tree state ranked No. 43 on CNBC’s list of “Top States for Business 2022.” The good news is Maine’s yearly ranking moved up from the 2021 position of No. 48.

Among 10 criteria, Maine ranked highest in the “life, health and inclusion” category, at No. 2, and lowest for infrastructure, at No. 49. The state’s second-highest rank, No. 19, was for business-friendliness.

CNBC said it examined 88 measurements of business health across the categories to come up with this year’s rankings.

Among New England states, only Rhode Island was lower than Maine in the overall comparison, at No. 45. Massachusetts ranked highest, at No. 24, followed by Vermont, No. 31, New Hampshire, No. 35, and Connecticut, No.  39.

Mississippi ranked worst in the U.S., at No. 50.

For more information and the complete rankings, click here.

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