Eagle County Economic Indicators

Here you’ll find up-to-date information regarding the health of the Vail Valley economy. Detailed annual reports are available at the bottom of this page, along with links to a number of special reports.

Information includes sales tax data, local employment information, real estate performance and more.

Scroll below to review the three-year quarterly performance of several key economic indicators.

Eagle County 2017 Economic Indicators

Eagle County 2016 Economic Indicators

Northwest Colorado Council of Governments April 2017 Rural Resort Region Economic Indicators

Three-year Quarterly Performance through Q4, 2017

Eagle County Retail Sales and Sales Tax

  • Retail Sales and sales tax collections peak in the first quarter and are at their lowest point in the second quarter.
  • First quarter 2017 sales tax is down from the previous two years and ¬†¬†second and third quarter 2017 sales tax are up.
  • Fourth quarter 2107 is higher than 2016, but lower than 2015.

Size of Labor Force and Unemployment Rate

 

  • The size of the labor force is substantially higher during the first quarter than in any other quarter.
  • The unemployment rate varies by quarter, but has been declining considerably over time.
  • The spikes in the first quarter of each year reflect a sizable seasonal population that is employed during the height of the tourist season, but do not remain within the county year-round.
  • The first three quarters of 2017 saw very low unemployment rates, but it has come up some in the fourth quarter.
  • The size of the labor force for each quarter in 2017 is higher than it has been in the prior two years.

Eagle County Economic Stress

 

  • Economic Stress is at its minimum at values right around zero to slight positive.
  • High positive values indicate situations where the number employed is growing faster than the size of the labor force, producing labor pool shortages over time.
  • High negative values indicate situations where the size of the labor force is growing faster than the number becoming employed, increasing unemployment rate over time.
  • The first three quarters of 2017 saw relatively low levels of economic stress, indicating a good balance between the size of the labor force and the number of individuals who are employed. However, quarter 4 stress is higher than in the two prior years.

Eagle County Real Estate Performance - Total Dollar Volume and Number of Transactions

 

  • Dollar volume and number of transactions are at their lowest point in the first quarter of each year.
  • Quarters that show that the number of transactions is well above total dollar volume indicates situations where there are a disproportionately high number of transactions that had a relatively low sale price.
  • The first two quarters of 2017 saw higher dollar volume and number of transactions than the prior two years.
  • Quarter 3 2017 performance is similar to the same period in 2016 while quarter 4 saw equivalent number of transactions compared to 2016, but lower dollar volume.