New Jersey ranks 41st out of 50 for states to do business in

A CNBC survey of “America’s Top States For Business in 2012” released Tuesday found New Jersey in the bottom fifth of all states for businesses, ranking 41st.

The Garden State’s rankings fell 11 spots from number 30 in the 2011 survey.

If there was one bright spot, New Jersey ranked high this year in the education category, ranking number 4. It also did well in the access to capital category, ranking number 11, and technology and innovation (number 13).

But the state received poor marks in the categories of “business friendliness,” (number 48), “cost of living,” (number 45) and “infrastructure and transportation” (number 41).

Gov. Chris Christie has frequently said New Jersey is at a competitive disadvantage when it comes to attracting businesses, given the state’s higher tax rates compared to surrounding states.  But many of New Jersey’s neighbors didn’t perform much better overall. They include New York, (number 34) Pennsylvania (number 30), Maryland (number 31) and Delaware (number 43).

Just two weeks ago, Roche Pharmaceuticals announced it was closing its Nutley facility, taking 1,000 jobs with it.

Texas was the top-ranked state in the survey.

The survey used 51 measures and received guidance from such groups as the National Association of Manufacturers and the Council on Competitiveness.

Other measures included quality of life and the economy. New Jersey ranks 41st out of 50 for states to do business in