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Utah ranked 5th for promoting business

Utah ranked 5th for promoting business

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SALT LAKE CITY -- Utah is in the top five states when it comes to promoting businesses.

CNBC looked at criteria such as cost of doing business, availability of education, overal quality of life and transportation and infrastructure.

Utah came in fifth overall. That's down from third last year. Our foreclosure rate hurt us.

Virginia ranked best in the nation for business.

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