America's Top States For Business 2013

#7 Colorado

Denver, Colorado
Bridget Calip | Flickr | Getty Images
Denver, Colorado
2013 Rank
2012 Rank
Cost of Doing Business 180 37 40
Workforce 196 10 5
Quality of Life 202 15 8
Infrastructure & Transportation 198 23 23
Economy 268 7 33
Education 86 15 27
Technology & Innovation 232 8 8
Business Friendliness 134 17 8
Cost of Living 19 32 33
Access to Capital 20 11 4
Overall 1535 7 8


Governor: John Hickenlooper (D)

Population: 5,187,582

GDP growth: 2.1 percent

Unemployment rate (May 2013): 6.9 percent

Top corporate rate: 4.63 percent

Top Individual tax rate: 4.63 percent of federal taxable income

Gasoline tax: 22 cents/gallon

Bond rating/outlook: Aa1/Stable

Major private employers: University of Colorado-Boulder, Lockheed Martin, Denver International Airport, Western Union Co., Exempla St. Joseph Hospital, University of Boulder, Memorial Hospital North, Century Link, Hewlett-Packard, Keystone Lodge

Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)


From the Governors


  • South Dakota is the winner of the annual "America's Top States for Business" study. CNBC's Scott Cohn reports on the state's economy and its stunning views.

  • CNBC's Scott Cohn reveals how other states fared when it came to their workforce, including a look at education level, retraining programs and union membership.

  • The cost of doing business was one of the key reasons the Mount Rushmore State captured the top ranking as the best state for business, reports CNBC's Scott Cohn.