Nonfarm Employment Growth
|
|
21,100
Increase
Employment up 1.3% from July to August
|
-86,800
Decrease
Employment down 4.9% from August 2019 to 2020
|
-60,500
Decrease
YTD employment down 3.5% through August
|
% Companies Hiring (Denver Area)
|
|
18
% Decrease
Companies hiring fell 3 percentage points from 3Q 2020 to 4Q 2020
|
18
% Decrease
Companies hiring fell 2 percentage points from 4Q 2019 to 4Q 2020
|
23
% Decrease
YTD average down 4 percentage points compared with 2019
|
Unemployment Rate
|
|
6.9
% Decrease
Unemployment down 0.9 percentage points from July to August
|
4.4 percentage points
Increase
Unemployment up from August 2019 to 2020
|
7.3
% Increase
Up 4.5 percentage points from 2019 YTD average
|
Initial Unemployment Insurance Claims
|
|
-20.3
% Decrease
Claims decreased from July to August
|
338.2
% Increase
Claims increased from August 2019 to 2020
|
737.7
% Increase
YTD average claims increased through August 2020
|
Total Retail Sales
|
|
2.6
% Increase
National sales increased from June to July
|
3.5
% Increase
National sales increased from July 2019 to 2020
|
-2.1
% Decrease
YTD sales decreased through July 2020
|
Consumer Confidence Index
|
|
94.8
Increase
Index up 9.7 percent from August to September
|
-27.1
% Decrease
Index down from September 2019 to 2020
|
104.7
Decrease
YTD average down 22.5% through September 2020
|
Hotel Occupancy
|
|
45.6
% Increase
Increased 2.6 percentage points from July to August
|
-40.1 percentage points
Decrease
Occupancy decreased from August 2019 to August 2020
|
42.6
% Decrease
YTD occupancy down from last year
|
DIA Passengers
|
|
48.1
% Increase
Passengers up from June to July
|
-61.5
% Decrease
Passengers down from July 2019 to 2020
|
-53.1
% Decrease
YTD passengers decreased through July 2020
|
Bloomberg Colorado Index
|
|
644.6
Decrease
Index down 4.3% from August to September
|
10.4
% Increase
Index up from September 2019 to 2020
|
6.2
% Increase
YTD return up through September 2020
|
|
Dow Jones / Industrial Average
|
|
27,767.7
Decrease
Index down 2.3% from August to September
|
3.2
% Increase
Index up from September 2019 to 2020
|
-2.7
% Decrease
YTD return down through September 2020
|
Home Sales (Closed)
|
|
5,651
Decrease
Sales down 14.2% between July and August
|
5.1
% Increase
Sales up from August 2019 to 2020
|
35,481
Decrease
YTD sales down 8.4% through August 2020
|
Median Home Price (Denver-Aurora MSA)
|
|
$478,400
Increase
Up 1% from 1Q 2020 to 2Q 2020
|
1.5
% Increase
Price up from 2Q 2019 to 2Q 2020
|
$476,100
Increase
YTD price 3.7% higher through 2Q 2020
|
Foreclosures
|
|
23
Decrease
Down 34.3% from July to August
|
-90.4
% Decrease
Down from August 2019 to 2020
|
854
Decrease
Down 53.6% YTD through August 2020
|
Residential Building Permits (Total)
|
|
2,173
Increase
Permits increased 50.9% from July to August
|
44.8
% Increase
Permits up August 2019 to August 2020
|
11,898
Decrease
YTD permits down 8.2% through August 2020
|
Apartment Vacancy Rate
|
|
5.1
% Decrease
Vacancy decreased 0.8 percentage points from 1Q 2020 to 2Q 2020
|
0.1 percentage points
Increase
Vacancy increased from 2Q 2019 to 2Q 2020
|
5.5
% Increase
YTD average up 0.3 percentage points from last year
|
Office Vacancy Rate (with Sublet)
|
|
11.5
% Increase
Vacancy rate up 1.1 percentage points from 2Q 2020 to 3Q 2020
|
+1.8 percentage points
Increase
3Q 2020 vacancy up from 9.7% one year ago
|
+1.8 percentage points
Increase
3Q 2020 vacancy up from 9.7% one year ago
|
Industrial Vacancy Rate (with Sublet)
|
|
6.1
% Increase
Vacancy rate increased 0.5 percentage points from 2Q 2020 to 3Q 2020
|
+0.8 percentage points
Increase
3Q 2020 vacancy up from 5.3% one year ago
|
+0.8 percentage points
Increase
3Q 2020 vacancy up from 5.3% one year ago
|
Retail Space Vacancy Rate (with Sublet)
|
|
5.3
% Increase
Vacancy rate increased 0.5 percentage points from 2Q 2020 to 3Q 2020
|
+1.1 percentage points
Increase
3Q 2020 vacancy up from 4.2% one year ago
|
+1.1 percentage points
Increase
3Q 2020 vacancy up from 4.2% one year ago
|
