The State Entrepreneurship Index ranked all the states in the nation and Pennsylvania came in at 38th.
The study looked at growth in establishments, business formation, and average income among other things.
What's potentially worse is the drop off from last year. Pennsylvania ranked seventh in the nation in the previous year.
The study was done by the University Of Nebraska Bureau Of Business Research.
Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.