Colorado business leaders are much less worried about finding new workers than they were a year ago, but they have increasingly soured on the state’s regulatory climate, and a host of new labor laws passed in recent years are cited as a chief reason why.
McFerron, speaking on a Zoom call to discuss the results, said the high cost of doing business is causing a “striking” number of businesses based in the state to consider expanding and making investments elsewhere. When asked about the most important issue facing Colorado businesses, nearly half of the respondents mentioned regulations, while only 11% cited workforce needs. That is a big shift from the 2022 survey when the two items were roughly tied at 26% and 27% respectively.
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