After taking office seven years ago, Gov. Jared Polis set an immediate goal for the Colorado economy: stay one step ahead. Achieving that goal, however, has been met with plenty of turbulence for the two-term governor.
An entrepreneur-turned-politician, Polis has steered the state through a divided political era — bookended by the presidencies of Donald Trump and Joe Biden — and by actions that governments took during the global pandemic that left lasting scars on businesses, workers, and the state budget.
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And, based on CNBC’s state business rankings, Colorado is ranked 46th in cost of living. In the Colorado Chamber of Commerce’s 2025 annual business surveys, 73% of companies said the high cost of living is a top concern in attracting and retaining talent.
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