Unlike many competitive rankings, the MTF index tracks a broad set of metrics. The results underscore the sometimes-overlooked fact that Massachusetts’ overall competitive standing is solidly in the middle of the pack.

The MTF hopes that its benchmark, to be updated annually, can inform policy discussions and track improvements and declines.

“We have no common language to talk about the competitive issue. People tend to cherry pick the data to suit their argument,” said Doug Howgate, president of the taxpayer group, a business-backed public policy organization. “We wanted to establish a consistent baseline.”