December 19, 2007 5:05 PM

Some good economic news for the holidays
Posted by Douglas Eisenhartat 5:05 PM

Just recently a local economic report gave us some not so good news about job creation in Massachusetts and New England.

Now comes this word that maybe we've got something good going on here after all:

Massachusetts ranks as one of the most economically competitive states in the nation, buoyed by innovation, entrepreneurship, and an educated and skilled workforce, a new study concludes.

The study, released today by the Beacon Hill Institute, a think tank at Suffolk University, ranks Massachusetts second only to Utah in the attributes that create and sustain high levels of income for residents. It follows another study, by the Information Technology and Innovation Foundation, a Washington think tank, that measures states' abilities to compete in a dynamic, innovation-driven global economy and ranks Massachusetts first.

You can also check out this graphic that compares the three studies' findings and Massachusetts' rank in each.

Give us your thoughts on what it's like to find a job and live and work in the Commonwealth.