Metro Denver EDC Monthly Economic Summary, August 2011

“Employment, consumer confidence in the Mountain region, and tourism (airport passengers and hotel occupancy) were among 11 economic indicators that moved in a positive direction this month” in Patty Silverstein’s monthly economic summary for the Metro Denver Economic Development Corp. Silverstein’s full report, which goes to Metro Denver EDC investors, highlights the first warm spots in a slowly recovering regional economy. She cites Metro Denver’s “already strong apartment market” as a true hot spot for now, with 39 percent more residential building permits issued in June this year across metro Denver than were issued in June 2010. On a year-to-date basis, 69.4 percent more permits for multi-family projects were issued this year compared with last.

To read the full August summary,go to: http://www.metrodenver.org/metro-denver-economy/monthly-summary

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