Forbes.com Ranks Colorado as the “4th-Best State for Business”
Colorado climbed two notches on this year’s Forbes.com’s “best states for business.” States were judged on six criteria, including labor supply, business costs, regulatory environment, growth prospects, economic climate and quality of life, with business costs being the most important factor. Virginia, Washington State, and Utah were the only states ranked above Colorado.
This is good news for the Denver real estate market, which continues to recover from the economic downturn. As long as businesses can thrive in Colorado, its real estate market will eventually follow suit. The Denver and Colorado economies have withstood the national downtown quite well, due to a diverse base of industries. Colorado’s unemployment rate is well below the national one, and the Denver housing market is one of the fastest recovering markets in the entire country.
For more information on the business climate in Colorado, or regarding Denver relocation, please contact TeamCox Realtors – your Denver real estate specialists – at 303-400-6060.
Colorado Unemployment Rate Drops in August
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