Monthly Economic Indicators

This month’s Metro Denver EDC shows… The lowest unemployment rate for Metro Denver is now at 5.4%. One of the lowest rates record since March 2020. Almost 6.4 Million airline passengers passed through Denver International Airport in July, the highest level since August 2019. The S&P/Case-Schiller Home Price Index posted record-breaking gains for the fourth […]

What’s Working: Colorado’s construction industry is short on workers as housing prices skyrocket

Residential construction is going gangbusters (who hasn’t noticed the escalating housing prices, or even rising lumber prices). But the industry has struggled to fill jobs for years. Even when the U.S. unemployment rate was 3.6% in July 2019, there were 350,000 openings in the construction sector, which was not much higher than a year later, when there were 325,000 openings even as […]