The Boulder Economic Council (BEC) has just posted its latest highlights for economic indicators for the quarter ending August 31, 2014. Overall news is very positive for the community. Of particular note:
- The Boulder County unemployment rate has dropped dramatically year-on-year, to 3.8 percent from 5.1 percent in August 2013. By comparison, the Denver metro area unemployment rate sat at 4.7 percent in August, and Colorado’s rate was 5.1 percent.
- Sales tax collections increased 6.3 percent over last year.
- Total VC investment for the second quarter this year was $37.7 million, about 25 percent of the total for the State of Colorado, also an increase.
“These figures indicate a continuing strong recovery and robust overall performance in our economy,” stated Clif Harald, BEC’s Executive Director. “They show solid support for our sustained positive business outlook.”