Metro Denver Economic Indicators – June 2014

The unemployment rate throughout the seven counties in the Metro Denver area reported significant changes through the month April. The Metro Denver unemployment rate fell one percentage point between March and April to 5.3 percent and was 1.1 percentage points lower than the previous year.

Each stock market index recorded higher closing values over-the-month and over-the-year, showing positive investment in the economy. The NASDAQ reported a 3.1 percent increase between April and May, while the Bloomberg Colorado index reported a 3.4 percent increase during the same period.

Metro Denver home sales continued to increase, rising 15.6 percent between March and April to 4,302 homes sold. The area reported the highest number of sales since September, showing the market is improving.