Forbes crunched the numbers on the 401 metropolitan statistical areas in the U.S. to gauge the best and worst business climates. The result is our 17th annual list of the Best Places for Business and Careers.
Denver ranks No. 1 for the first time, moving up from a fourth place finish in 2014. The Denver-Aurora-Lakewood metro area, home to 2.8 million people, is attractive for its diverse economy, highly educated labor force and outdoor recreational opportunities. Companies are increasingly choosing Denver as the site for new operations or to relocate.
Panasonic Enterprise Solutions, a new technology and solar energy division of Panasonic North America, selected Denver over 22 cities in December for its primary U.S. innovation and sales hub. The company’s president, Jim Doyle, cited Denver’s proximity to nearby universities, Denver International Airport and $1.5 million in incentives for choosing the Mile High City. “It became somewhat of a slam dunk,” Doyle told the Denver Business Journal. It is expected to create 330 jobs at an average wage of nearly $90,000.
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