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Regional Economic Update via NWCCOG

This update is for the NWCCOG region which includes the counties of Eagle, Grand, Jackson, Pitkin and Summmit. It is based on the most recent data released from the Bureau of Labor Statistics, Quarterly Census of Employment and Wages, Q2 2017. The full report can be found HERE.

Here are some highlights:
Jobs: +3.2%
# Establishments: +1.8%
Unemployment rate: 2.5%
Job growth in key industries: Construction (+4.8%); Healthcare (+6.0%); Accommodations & Food Services (+4.5%)
Average Annual Wage:
Eagle County: $43,368
Grand County: $33,904
Jackson County: $31,824
Pitkin County: $49,192
Summit County: $37,752
State of Colorado: $54,184
Wage growth: +2.1%
Real Estate: Average Residential Price:
Eagle County: $979,973
Grand County: $407,500
Jackson County: $302,786
Pitkin County: $2,873,879
Summit County: $667,911