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March 27, 2022 | Tom Ballard

Tennessee near the bottom in WalletHub’s ranking for innovation-friendliness

WalletHub‘s latest ranking of states is not good news for Tennessee.

The personal finance website compared the 50 states and the District of Columbia across 22 key indicators of innovation-friendliness. The data set that was used ranges from share of science, technology, engineering and mathematics (STEM) professionals to R&D spending per capita to tech-company density.

Where did Tennessee rank? The Volunteer State came in at #41, behind neighboring states Virginia (#6), North Carolina (#19), Georgia (#26), South Carolina (#32), and Alabama (#35). The District of Columbia topped the list followed, in order, by Massachusetts, Washington, Maryland and Colorado.

Click here for the rankings.



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