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Utah 4th ‘best for business’. Colorado #5, Idaho #6, North Dakota #13, South Dakota #17, Wyoming #23, Montana #38

We’re No 4!

Forbes magazine this week released its first-ever rankings of "The Best States for Business," http://www.forbes.com/lists/2006/9/06beststates_The-Best-States-For-Business_land.html in which Utah placed fourth behind Virginia, Texas and North Carolina. The magazine ranked the states on 30 metrics in six categories: business costs, economic climate, growth prospects, labor, quality of life and regulatory environment.

Though gratified, state government and business leaders said the rankings were more a validation than a surprise.

"This is a great honor for the state of Utah to be recognized in this way," said Jason Perry, executive director of the Governor’s Office of Economic Development. "The six factors that were used to rank the states are tremendous economic development indicators, and our high ranking validates our message that Utah is open for business."

By Jenifer K. Nii
Deseret Morning News

Full Story: http://deseretnews.com/dn/view/0,1249,645194049,00.html

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