Connecticut is Seventh Worst State to Start a Business: Study

Connecticut is the nation's seventh worst state if you are looking to start a business, according to a new study from website WalletHub.

Connecticut ranked below or average in a number of key categories, including 40th in average growth in number of small businesses, 42nd in office space affordability, 45th in cost of living, and 47th in labor costs.

The state did rank eighth in "access to resources," which includes financing accessibility, human-capital availability, high-education assets, and share of college-educated population.

Here are the full findings from best to worst:

1. North Dakota

2. Texas

3. Utah

4. Oklahoma

5. Nebraska

6. Florida

7. Colorado

8. Georgia

9. Missouri

10. South Dakota

11. Montana

12. North Carolina

13. Alaska

14. Wyoming

15. California

16. Michigan

17. Virginia

18. Massachusetts

19. Kentucky

20. Vermont

21. Louisiana

22. West Virginia

23. Iowa

24. Wisconsin

25. Illinois

26. Washington

27. Tennessee

28. Mississippi

29. Ohio

30. Minnesota

31. Indiana

32. Idaho

33. Oregon

34. Kansas

35. Nevada

36. Arizona

37. Maine

38. South Carolina

39. New York

40. New Mexico

41. Arkansas

42. Alabama

43. Delaware

44. Connecticut

45. Pennsylvania

46. Hawaii

47. Rhode Island

48. Maryland

49. New Hampshire

50. New Jersey

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