Forbes Names Colorado #4 Best State for Business

Citing such factors as Quality of Life, Economic Climate, Growth Prospects, and Labor Supply, Forbes Magazine has once again named Colorado among the Best States for Business and Careers.  Colorado ranked 4th on Forbes 2010 list, holding its ranking from 2009.

According to Forbes, "Our Best States ranking measures six vital categories for businesses: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. We factor in 33 points of data to determine the ranks in the six main areas. Business costs, which include labor, energy and taxes, are weighted the most heavily."

Forbes rates Colorado No. 1 among the states this year on labor supply, No. 6 on growth prospects, also No. 6 on economic climate, and No. 9 on quality of life.