Minnesota now ranks 7th in
CNBC's annual ranking of the top places to do business.
For the past five years, the news firm has ranked all 50 states based
on categories such as cost of doing business, workforce, transportation
and infrastructure, education, access to capital, and quality of life.
Minnesota improved its rankings for cost of doing business and access
to capital, and came in 8th for its quality of life. The state came out
ahead of Iowa and Nebraska, which also placed in the top 10.
Overall, Virginia was the highest-ranked state, and Rhode Island was the lowest-ranked.