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From Worst To First: Here’s How Each State Ranks For Solution Providers In 2020

CRN’s annual best states project ranks all 50 states for operating a solution provider business. We also provide a rank specifically for the business impact of the COVID-19 pandemic for each state.

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No. 8: Minnesota (No. 14 in 2019)

Number of CRN Solution Provider 500 Companies: 13

COVID-19 Business Impact Rank: 32

Minnesota’s net job loss February to July 2020 was 8.5 percent of the workforce (No. 31) with the unemployment rate standing at 8.6 percent (No. 22) in July. The state’s GDP declined 4.0 percent in the first quarter of 2020 (No. 12).

The North Star State is No. 9 in business climate/competitive environment (U.S. News ranks Minnesota No. 3 for economic stability and potential), No. 10 in entrepreneurship and innovation, and No. 11 in workforce education and experience.

Where Minnesota stumbles is on the taxes and regulatory environment front where it ranks No. 43 because of its high corporate income tax (9.8 percent, behind only Iowa, New Jersey and Pennsylvania) and relatively high sales tax (7.46 percent).

50-41 | 40-31 | 30-21 | 20-11 | 10-1

 
 
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