Colorado No. 5 on Forbes Best States for Business 2016

November 16, 2016

Colorado again garnered the No. 5 ranking overall on Forbes magazine's Best States for Business 2016, released on Nov. 16, 2016. The annual list factors in 40 metrics from 17 sources across six broad categories: business costs, labor supply, regulatory environment, economic climate, growth prospects, and quality of life

Among the six broad categories, Colorado took the No. 1 spot for labor supply, second for economic climate, and third for growth prospects. See full rankings for the six categories. 

"Colorado's success is fueled by a young, educated labor supply and a migrating population," said Forbes.