(Forbes) -- For the second consecutive year, Nebraska has landed in the No. 3 position on Forbes' "Best States For Business" comparison. Nebraska was again bolstered by its low business costs and business-friendly regulatory climate, as well as its 3.1% average unemployment rate in 2016 -- which ties Nebraska with North Dakota for the lowest in the country. In the separate categories considered, Forbes ranked Nebraska in its top ten for regulatory climate (No. 1), business costs (No. 9), and quality of life (No. 7). Nebraska made the top twenty in the areas of economic climate (No. 14) and labor supply (No. 20). The Cornhusker State failed to make the top half of states, however, in the category of growth prospects, coming in at No. 26. Utah was ranked No. 1 overall in Forbes' rankings, followed by North Carolina, Nebraska, Texas and Colorado.