The Development Report Card (DRC) compares how states perform relative to each other, rather than to an absolute standard. The honor roll recognizes those states that earn all As and Bs in the report card's three graded indexes: performance, business vitality, and development capacity.

Earning all As are:

• Massachusetts
• Minnesota

Earning As and Bs are:

• Colorado
• Connecticut
  
• New Jersey
• Virginia
  
• Wisconsin