Jul 9, 2024 | 2024 Research, Featured, Recent Research, State Budget
PERA’s latest annual report shows that stabilizing its finances has come at a massive cost. Total annual contributions have increased 43% while active membership has grown less than 1%.
Jun 25, 2024 | 2024 Research, Job Reports, Jobs & Our Economy, Recent Research
Colorado’s total employment increased by 9,800 in May. Unlike in some previous months, the private sector contributed primarily to this growth (7,900 jobs).
Jun 20, 2024 | 2024 Research, Housing & Our Community, Recent Research
In 2010, Colorado was ranked 20th in the nation for the size of the mismatch between household mortgage capacity and the value of owner-occupied housing. Colorado’s ranking rose to 11th highest, tied with California.
Jun 18, 2024 | 2024 Research, Featured, Housing & Our Community, Recent Research
The total cost of fentanyl-related overdose deaths in Colorado is estimated to be $16 billion in 2023. This is over ten times the cost of fentanyl overdose from 2017, $1.3 billion. That $16 billion is 3% of the state’s GDP in 2023.
Jun 17, 2024 | 2024 Research, Featured, Recent Research, Taxes & Fees
Property tax revenue increased by $2.4 billion dollars in 2024. The annual increase of 19% was the largest since 1975. Since 2019, property tax revenue has increased by $5.4 billion (55%) and has more than doubled in the last nine years, growing over $8 billion, from $7.18 billion in 2015 to nearly $15.3 billion collected in 2024.
Jun 12, 2024 | 2024 Research, Featured, Inflation Reports, Recent Research, Research, Taxes & Fees
Between April and May of 2024, prices in Denver increased by 0.59% while national inflation grew by 0.56%.