Economic and Demographic Research
Development Research Partners provides research in support of business and community activities, ranging from community profiles to evaluating and forecasting economic and market conditions.
Recent Projects include:
2018 Economic Update for Metro Denver
As of August 2018, the current economic expansion has been underway for 110 months, which ranks as the second-longest expansion since tracking began in 1854. The longest expansion was from March 1991 to March 2001, a period of 120 months. Most analysts expect that the U.S. economy will maintain its current momentum through 2019, resulting in this economic cycle ultimately being declared as the longest in U.S. history. At the state level, Colorado's employment growth has accelerated in 2018 and all seven metropolitan statistical areas (MSAs) in Colorado posted increased employment through the first seven months of 2018. The Metro Denver region is growing at about the same pace as the state and nine of 11 supersectors in Metro Denver increased through the first seven months of the year. While companies continue to struggle to find more workers with a historically low unemployment rate, more employment opportunities and rising wages have boosted Colorado's labor force participation rate, recording its highest level in July 2018, since 2011.
This presentation includes current and projected growth trends at the national, state, and seven-county Metro Denver level. The presentation features employment and industry trends, population growth and consumer activity, and the residential and commercial real estate markets.
The 2018 Economic Update is available on the Metro Denver Economic Development Corp's website and a summary presentation is available below.
The Monthly Economic Indicators is a comprehensive analysis of economic conditions in the seven-county Metro Denver area, including Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson Counties. The report contains four sections: labor force and employment, the consumer sector, residential real estate, and commercial real estate. The report presents recent data and long-term trends for the seven-county region.
A synopsis of the current Monthly Economic Indicators is available on the Metro Denver Economic Development Corp's website.
Previous Monthly Indicators
Metro Denver Economic Development Corporation's Data Central
Development Research Partners provides timely and accurate economic and demographic data and research to the Metro Denver Economic Development Corp. Much of the data can be found on their website.
Toward a More Competitive Colorado - 12th Edition
Toward a More Competitive Colorado (TMCC) is an annual benchmark study measuring Colorado's competitive position among the other 49 states. The TMCC report utilizes over 100 different measures of economic competitiveness from numerous national rankings and studies, identifying the state's strengths and challenges in several key areas including economic vitality, innovation, taxes, livability, K-12 education, higher education, health, and infrastructure. The report includes several international measures analyzing Colorado's place as a global competitor. The full report, and an executive summary of the report are available on the Metro Denver Economic Development Corp's website.
The Millennial Influence in Metro Denver
The Millennial population includes individuals born between 1981 and 1997. Millennials are the largest population group in Metro Denver and are vital to Metro Denver's labor force and economic future. More information, including statistics and infographics are available at the Metro Denver Economic Development Corp's website
Community and Economic
Customized Economic Indicators Reports
Development Research Partners specializes in creating and preparing economic reports tailored to clients' specific geography and information needs. Reports may be prepared monthly, quarterly, or annually and may include current and historic economic conditions, business news, and real estate activity. Development Research Partners prepares customized economic reports for a variety of government and economic development organizations. Samples of a few reports are found below.