Colorado maintained its slot as the 3rd leading state for it’s ability to sustain high-tech industry. According to Milken Institute’s 2008 State Technology and Science Index, Colorado maintained it’s spot at number 3 in the country. Massachusetts and Maryland ranked 1 & 2, while California dropped to number 4.
The index utilizes 77 indicators categorized into 5 components:
- Tech Strength in research and development
- Entrepreneurial Activity
- Education
- Concentration of Scientists and Engineers
- Prominence of the Tech Sector in the overall community
Colorado ranked in the Top 5 states in ALL 5 categories!
The strength of Colorado in the Tech Sector has helped diversify our economy from an Energy only powerhouse. This diversity will help the State avoid the wild ups and downs in the housing market that have been prevelant over the past 40 years.
Just another reason that the Denver area is a great Real Estate Investment!
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