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Major companies are increasingly departing Colorado, shrinking their footprint or bypassing it altogether for expansion or relocation, a new report shows.

Why it matters: The findings — from a recent Colorado Chamber Foundation study — are sounding an alarm about the state's economic competitiveness and business environment.

What they're saying: "We need to do some things differently if we want our companies to stay and to grow and to locate in Colorado," Chamber Foundation executive director Rachel Beck told Axios Denver.