 Colorado is one of the top states in the nation for business. CNBC ranked all 50 states using 10 broad categories of competitiveness. The Centennial State ranked number 16. This year's study includes new metrics on infrastructure and AI. It also looks at things like housing affordability, the growing insurance crisis, education, and cost of living. Virginia is considered the top state in the U.S. in which to do business in 2024.