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Regional Markets

Denver’s economic immune system was able to fend off the effects of the recession which took hold of the U.S. early in 2007 and plagued the country for almost a year.

Late in 2008, however, the Mile High City succumbed and over the past 12 months has lost jobs as fast, and indeed slightly faster, than the nation as a whole.

Across major industrial sectors, construction employment is down 15%, followed by manufacturing (-7%), trade and transportation (-5.4%), information services (-5.3%) and financial services (-4.6%).

Although Denver’s unemployment rate (7.8%) is below the national average (9.4%), retail sales in the metro area are down over 11% year to date compared to -9.1% for the country as a whole.

Residential building …

Regional Forecasts Available from Reed Construction Data

Reed Market Fundamentals

Keep a pulse on your metropolitan market in a quarterly report covering five-year forecasts of industry and economic performance. Each comprehensive market report contains written analysis of current metro trends including economic and demographic data, metro-level forecasts of new construction supply, demand, and vacancy rates, and a listing of major projects in the development pipeline.


CanaData Construction Starts

A monthly analysis of construction start activity across Canada and by region, the construction starts product provides accurate and complete information, ahead of government statistics, on square footage totals, number of units, dollar value and percentage change over the year.

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