Colorado is the 13th Best State for Business 2013

Previous State: Utah Next State: Oklahoma No. 13Colorado Taxations & Regulations Workforce Quality Living Environment Based on CEO Survey by [...]

May 6 2013 by JP Donlon


Previous State: Utah Next State: Oklahoma

No. 13Colorado

Taxations & Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
State GDP 

  • % Growth ’10-’11: 1.9
  • % Growth ’10-’11 v. Nat’l Avg. (1.5%): 0.4

Unemployment

  • Unemployment Rate Dec. 2012 %: 7.5
  • Comparison with Nat’l Rate (7.80%): -0.3

Domestic Migration

  • Domestic Net Migration ’10-’11: 31,195
  • Rank: 5

State Government

  • Debt per Capita Fiscal Year ’10 ($): 3,335
  • State & Local Gov’t Employees per 10k Residents: 541.9

State-Local Tax Burden

  • Rate (%): 10.2
  • Compared to Nat’l Avg. (9.9%): 0.34
Key Companies
  • Newmont Mining
  • Liberty Global
Development Trend Indicator: Negative
Anti-business forces won 2012 elections and are delivering on promises.
CEO Comments
“Texas, Colorado and Indiana are certainly doing the things in tax and infrastructure to be attrative to business”

Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation

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