Wednesday, April 24, 2013

Metro Denver Business Economy & Economic Summary April 2013

Metro Denver Business Economy & Economic Summary Archive: Revised data for employment shows annual growth was even stronger than estimated in Metro Denver, with 37,300 jobs added in 2012. The annual benchmark revision of the employment data reflects an increase of 2,800 more jobs than the previous estimate, according to data compiled by the Metro Denver Economic Development Corporation in its Monthly Economic Summary for April 2013.
In addition to employment, retail sales and residential building permit annual data were also revised and show continued or stronger growth during the year. Revised retail sales for Metro Denver showed strong growth for 2012, and residential building permits increased more than originally estimated.
"We are not surprised at the upward revision in employment growth for 2012 given the number and quality of deals that we were engaged with and that closed last year," noted Tom Clark, CEO of the Metro Denver Economic Development Corporation.

No comments: