Western states earned high marks in CNBC's America's Top States for Business 2016. Utah, Texas and Colorado claimed the top three spots in the tenth annual rankings, which rank states on more than 60 measures of competitiveness.
Those measures are organized into broad categories, including: workforce (Colorado was #1); cost of doing business (South Dakota was #4); infrastructure (Texas was #2); economy (Texas was #1); quality of life (Hawaii was #1); technology and innovation: (Washington was #1); education (Wyoming was #3); business friendliness (South Dakota was #2); cost of living (Oklahoma was #6); and access to capital: (California was #2).
The rankings were also produced with commentary from Governors about their state's performance:
See how each state ranked in the full report.
States across the West are making economic progress on a variety of fronts. Here are some highlights:
- PricewaterhouseCoopers ranks Arizona as the state with the most attractive manufacturing environment for aerospace companies. See all four western states in the top ten.
- Learn more about the University of Colorado study that examines how Colorado's economy is outperforming the rest of the country.
- Kiplinger magazine projects that Idaho, Arizona, Utah and Oregon will have the fastest job growth this year. See all seven western states in their top ten.
- Gov. Steve Bullock has announced new proposals to spur business growth and job creation in Montana.
- North Dakota, South Dakota and Nebraska are the best states for millennials trying to find affordable education, develop their careers and get by on a budget, according to MoneyRates.com. See all seven western states that would make the best landing spots for millenials.
- Nebraska Gov. Pete Ricketts has announced two big workforce developments: a first-in-the-nation reemployment program and a milestone of 1 million nonfarm jobs.
- South Dakota, Nevada, Texas, Wyoming and Washington led the Small Business and Entrepreneurship Council's Small Business Tax Index 2016. See all seven western states in their top ten.
- Texas was named America's best state for business by Chief Executive Magazine for the 12th consecutive year.
- The nation's largest continuous study of small business perceptions of government policy gave Texas and Utah A+ grades in small business friendliness.
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