Colorado landed just outside CNBC’s Top 10 States for businesses, held back by its rising cost of living and the cost of doing business.
Why it matters: The ranking is watched closely by Colorado’s business community and political leaders as a benchmark for its competitiveness among other states.
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What they’re saying: “If we can get our regulatory climate under control, we’re hopeful that Colorado can once again be named a top 10 state for business,” said Loren Furman, president and CEO of the Colorado Chamber, the state’s leading business group.
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