Abstract
Massachusetts is located in the New England region of the United States. Massachusetts has a population of 6.5 million people, making it the fourteenth most populous state in 2007. The state’s population increased by 100,658 people from 2000 to 2007, and is projected to increase to 6.9 million by 2025. This 0.4% projected annual growth rate is below the national average of 0.8%. From 2006 to 2007 the state’s population grew by 0.2%. Per capita personal income in Massachusetts was $49,142 in 2007, up from $46,255 in 2006. For 2007, this was $10,578 above the national average and the third highest in the country. The state’s per capita income grew at a compound annual rate of 3.8% from 2000 to 2007, compared to 3.7% nationally.
Keywords
National Average Capita Income Agency Agency Business Climate Business FinancePreview
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