Massachusetts Introduction Statistics Main Ports Massachusetts is located in the New England region of the Total GDP (Billions): $484,943.00 (2015) Port of Boston, Port of Fall River, Port of New Bedford Northeastern United States. It is one of the original thirteen Per Capita Real GDP: $64,017 (2015) Corporations colonies and is home to Plymouth, the Population: 6,811,779 (2016) second permanent English settlement in % of People under Poverty 11.50% Company Fortune 1000 Revenue City North America. As with many early states, Level: Rank agriculture initially held a prominent General Per Capita Personal Income: $65,137 Electric 33 $95,214 Boston position in the Massachusetts Unemployment Rate: 3.70% (2016) General economy. The focus eventually shifted to % of Population with a 41.50% Electric 33 $95,214 Boston manufacturing as Massachusetts became a world leader in Bachelor's Degree: Raytheon textile production and machine tools during the Industrial Total Exports: $27,382,732,078.00 (2014) Technologies 39 $77,046 Waltham Revolution. The past few Raytheon decades have seen a shift in Top 5 Export Partner Countries Technologies 39 $77,046 Waltham workers from manufacturing to Country Exports Liberty service industries. Today, Mutual Canada $3,680,306,902 77 $43,228 Boston services produce four-fifths of Insurance China $1,978,108,574 Group the gross state product, with prominent industries including Mexico $1,860,385,962 Liberty Germany $1,851,570,004 Mutual higher education, healthcare, Insurance 77 $43,228 Boston and technology. These industries are bolstered by a Japan $1,762,140,938 Group relatively high proportion of professionally trained workers TJX 80 $41,717 Framingham Top 5 Export Merchandise such as engineers, scientists, doctors, educators, and TJX 80 $41,717 Framingham technicians. Segment Exports Massachusett 89 $37,253 Springfield Abbreviation: MA Computers & Electronic Prod. $7,261,965,342 s Mutual Life Capital: Boston Chemical Manufactures $3,627,946,560 Massachusett s Mutual Life 89 $37,253 Springfield Nick Name: Bay State Misc. Manufactures $3,285,103,805 Machinery Manufactures $3,074,731,895 Time Zone-Standard: GMT -5 Corporate Marginal Income Tax Rate: 8.0% > $0 Time Zone-Daylight GMT -4 Primary Metal Manufactures $2,841,185,822 Individual Income Tax Rate: 5.00% > $0 Saving: Sales Tax Rate: 6.25% Major Cities U.S. Commercial Service Motto: By the sword we seek peace, City Population but peace only under liberty Boston 667,137 Web page: http://export.gov/massachusetts/ Web Site: https://www.mass.gov Worcester 184,815 Springfield 154,341 Government Main Airports Governor: Charlie Baker (D) Code Name City Senator: Edward Markey (D) ACK Nantucket Memorial Airport Nantucket Senator: Elizabeth Warren (D) BOS Gen. Edward Lawrence Logan Boston Entered Union: February 6, 1788 International Airport HYA Barnstable Municipal Airport Hyannis MVY Martha's Vineyard Airport Vineyard Haven ORH Worcester Regional Airport NULL Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV.