CNBC (my emphasis):
Minnesota scores 1,584 out of a possible 2,500 points, ranking in the
top half for all but two of our 10 categories of competitiveness. But
what may be most instructive are the categories where Minnesota does not
do well. Both involve cost. Indeed, the birthplace of Spam, Scotch Tape
and the supercomputer marks a new first this year. Never since we began
rating the states in 2007 has a high-tax, high-wage, union-friendly
state made it to the top of our rankings. But Minnesota does so well in
so many other areas—like education and quality of life—that its cost
disadvantages fade away.
I guess I should have already known this. Practically every day, my mother tells me how Minnesota is just about the best place in the world in every conceivable category.