Each year, CNBC evaluates all 50 states using 60 business and economic metrics in 10 categories to come up with an annual “Top States for Business” list. This year Minnesota took the top spot, with Texas second, followed by Utah in third place and Colorado in fourth.
Since 2012, Utah has consistently ranked number three on the list. CNBC cited job growth, low unemployment, improvement in education and low tax rates as factors contributing to the State’s pro-business environment.
Colorado took a big leap this year to number four from tying for number eight in 2014. The state ranked seventh in 2013. Colorado’s largest contributing factor was the economy. The state has one of the fastest growing economies in the nation, with strong job growth and an unemployment rate well below the national average.
More information on the Utah and Colorado economies can be found in our latest investment commentaries for Aquila Tax-Free Fund For Utah and Aquila Tax-Free Fund of Colorado.
Before investing in a Fund, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available from your financial professional, and when you call 800-437-1020 or visit www.aquilafunds.com
Investing involves risk, including the possible loss of principal. Investments in bonds may decline in value due to rising interest rates, a real or perceived decline in credit quality of the issuer, borrower, counterparty, or collateral, adverse tax or legislative changes, court decisions, market or economic conditions. Fund performance cold be more volatile than that of funds with greater geographic diversification. For certain investors, some dividends may be subject to federal and state taxes, including the Alternative Minimum Tax. Consult your professional tax adviser.