24/7 Wall St.
issued its annual report
on how well America's 50 states are run, and Minnesota came in fourth, just behind Wyoming, Nebraska, and North Dakota.
The site reviewed data on financial health, standard of living, and government services to determine how well each state is managed. Based on that information, 24/7 ranked the states from best to worst.
Minnesota moved up one place in this year's rankings due to improvement in several categories, including violent crime rate and health insurance coverage.
Admitting that the comparison was a challenge because of the unique characteristics of each state, the site did note that, even given the differences, states can do a great deal to control their fate. The editors write, "Well-run states have a great deal in common with well-run corporations. Books are kept balanced. Investment is prudent. Debt is sustainable. Innovation is prized."