Colorado Ranks 6th Best for the "New Economy"

With a score of 81.4 out of 100, the Information Technology and Innovation Foundation (ITIF) has ranked Colorado in the top 10 states in the nation for the "new economy." ITIF, a nonprofit think tank, defines the new economy as, "marked by globalization, technological innovation and entrepreneurial development."

ITIF used 25 indicators in 5 categories to asses a state's ability to adapt to more a technological culture and encourage development.  The categories are knowledge jobs, globalization, economic dynamism, digital economy and innovation capacity.  The Foundation indicated that states are better focusing on high quality innovation than incentive packages to bring new companies in.  Policy makers need to support measures that prioritize retaining high-skilled workers, access to education and laboratories, and research and development.

Colorado came in 6th behind Massachusetts (#1), Delaware, California, Washington and Maryland.  Colorado's strengths were listed as workforce education, initial public offerings and high-tech jobs.  If you're looking to move here, I've helped many families get to know Colorado and find a great house in the Denver and Boulder areas.  Through listing alerts, local news articles and property previews, I'd be happy to help you with your search.

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