Regional Economic News

The 100 Best Places to Work in 2017

Outside just released its annual list of 100 Best Places to Work, and we’re proud to see Colorado companies dominating this list (over half of the companies in the top 30 places are based out Colorado)! Ranked first is Forum Phi Architecture based out of Aspen, followed by GroundFloor Media (Denver), Avid4Adventure (Boulder), and WhippleWood CPAs (Littleton). Congrats!

See all 100 companies here.

Job Growth Slows Where Housing Costs A Lot

Bloomberg columnist Justin Fox takes a look at the 10 large metropolitan areas that score worst on the National Association of Realtors affordability index (Denver is ranked No.10, after cities in California, Miami, New York, Seattle, and Portland) and looks at the relationship between expensive housing and employment growth. He shows that job growth is slowing everywhere, but slowing dramatically in metropolitan areas that experienced some of the strongest growth over the course of the current expansion.

Read more here.

Employment Climbs Closer to Pre-Recession Rates

The Pew Charitable Trusts visualizes employment statistics for all 50 states. The U.S. employment rate for prime working age adults rose in the 12th months that ended in June 2017, but remained lower than in 2007, just before the Great Recession. Compared to other states, Colorado has one of the highest employment rates in fiscal year 2017.

Read more here.

Best Places for Businesses and Careers

According to Forbes’ annual Best Places for Businesses and Careers ranking, Portland ranked No. 1, with a strong outlook and large concentration of high-educated millennials, followed by Raleigh, Seattle, and Denver. Factors that contributed to the rankings include concentration of talent, household income growth, and business costs.

Read more here.