RI Moves From Last Place to 5th Worst in CNBC’s Business Rankings

RI Moves From Last Place to 5th Worst in CNBC’s Business Rankings

Rhode Island has moved up from its last-place finish in the last CNBC “Top States for Business” rankings — to 5th worst.

In the rankings released on Tuesday, only West Virginia, Maine, Hawaii, and Alaska are ranked worse.

The best states, according to CNBC? Virginia, North Carolina, Utah, and Texas, in that order.

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CNBC gave scores — and letter grades — for ten categories to determine the rankings. 

Rhode Island’s best grade? A “B-“ for “Life, Health, & Inclusion.”

It received failing grades for cost of doing business, cost of living, and access to capital; it got a “D” for infrastructure — and “D+” for the economy. 

While RI rose to #46 after being last ranked #50, the most improved state was Maryland.