Tag: Business Closures

By Jen Schumann | Rocky Mountain Voice Colorado residents have spent years watching prices climb while business groups warn that operating in the state is becoming harder. A new report adds another layer of data to those concerns. Colorado ranked near the bottom nationally for net business establishment growth in 2024 and recorded the nation’s worst employment losses tied to business openings and closures, according to a new analysis from the Common Sense Institute. While most states added businesses and jobs last year, Colorado was one of only six states to lose ground in both categories, joining Massachusetts, New York, North Carolina, Oregon and Washington. Researchers pointed to high business costs and weakening confidence in Colorado’s economic outlook as growing warni...