Economic Activity - Denver Metro Chamber of Commerce
10
Combined Committee Meeting December 13, 2019 Economic Activity
Transcript of Economic Activity - Denver Metro Chamber of Commerce
Combined Committee MeetingDecember 13, 2019
Economic Activity
Monthly Economic Indicators
• Denver was the 5th-fastest-growing large city in America, according to Wallethub. The report compared 515 cities based on 17 key measures of both growth and decline over the past seven years, including factors such as population growth, growth in share of college-educated population, job growth, median household income growth, and poverty and unemployment rate decreases, among other factors.
• Denver ranked No. 5 for net in-migration among individuals age 25-34 in 2018, according to Avalanche Consulting. Denver had a net in-migration of 56.5 per 10,000 residents, while
the most expensive metro areas including San Francisco, Los Angeles, and New York had negative net in-migration. The study cited affordability as a main factor, showing that more expensive metro areas are not attracting young professionals.
• Colorado ranked No. 23 out of all 50 states for the worst road infrastructure, with 1 being the state with the worst roads and 50 having the best roads, according to QuoteWizard by Lending Tree. The study analyzed Federal
Highway Administration data to rank states on overall quality of road infrastructure.
Prospects by Industry – December 2019
9
55
3
2
11
1 1 IT & Software
Aerospace
Bioscience
Other
Energy
Financial Services
Aviation
Beverage Production
Food & Ag
Healthcare & Wellness
21 New & Existing Opportunities 9 Losses• AstraZeneca• OppenheimerFunds• U.S. Department of
Agriculture • Molson Coors Brewing
Company• National Medal of
Honor Museum• Raymond James
Financial• Fox Broadcasting
Company• Go Overseas
Domestic Economic Development Activity – 2019
International Economic Development Activity – 2019
Aerospace on the Move!
