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SOUTH METRO ECONOMY

South metro Denver’s business environment is summed up in two words: “strong and diverse”. The south metro Denver area has a strong base of small to medium size businesses with fewer than 250 employees, and hosts many Fortune 500 companies.

Employment- The exceptional quality of life and healthy business climate has made our area a major hub for business and industry. The average annual salary in the south metro Denver area is in the mid $40,000’s depending on the county. Metro Denver accounts for 61% of the jobs in Colorado, with 55% of the population. Colorado has both a highly educated, technically savvy workforce and a well-skilled labor workforce. Few other places offer both the high caliber work environments and the quality of life that can be found in south metro Denver.

The Workforce- Colorado has both a highly educated, technically savvy workforce and a well-skilled labor workforce. The state’s employment base is diversified across a broad range of industry sectors. Once primarily a mining and agricultural state, Colorado’s economy is now driven by the service industries, including medical providers and other business and professional services. Colorado’s economy also has a strong manufacturing base. The primary manufactures are food products, printing and publishing, machinery, and electrical instruments. The state is also a communications and transportation hub for the Rocky Mountain region.

Tourism- is the second largest industry in Colorado, employing 2 00,000 people and grossing $7 billion per year. Visitors are drawn to world-class recreation and breathtaking scenery year around. Following 15 consecutive years of job growth, employment declined 1.9% in 2002 and 0.8% in 2003. Colorado’s unemployment rate in 2003 was 6.2%, compared to 6.0% nationwide. This is expected to drop to 5.8% in 2004.
As the nation works through a slow economic recovery, metro Denver is poised to lead the recovery in Colorado.

Helpful Economic-Oriented Web Sites SE Business Partnership State Demography Office Denver Metro Convention and Visitors Bureau The South Metro Denver SBDC	Banks and Credit Unions Financial Services
Helpful Economic - Chambers of Commerce Aurora Chamber of Commerce Cherry Creek Chamber of Commerce Englewood Chamber of Commerce Greenwood Village Chamber of Commerce Highlands Ranch Chamber of Commerce Lone Tree Chamber of Commerce South Metro Denver Chamber of Commerce	Insurance Companies Mortgage Companies Title Companies back to top