Colorado ranks No. 1 in ‘best economy’ states
A new ranking of state economies using metrics like poverty rate, home ownership, job growth and education puts Colorado on top.
USA Today reports on the listing, compiled by financial site 24/7 Wall Street. Colorado comes in No. 1 overall, just ahead of Utah and Massachusetts.
The state scored points for its low unemployment rate (2.7 percent at the time of the survey), five-year annual GDP growth rate of 2.7 percent (the 4th best in the list) and an five-year employment growth rate of 2.4 percent.
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