Sunday, December 16, 2007

2008 MARKET UPDATE - A STRONG LOCAL ECONOMY

With unemployment hovering around 4%, Denver’s economy is healthy. High oil and gas prices continue to fuel a major boom in our coal and mining industries (especially in Western Colorado), and retail spending is up almost 10%, according to Mile High Market Watch. Additionally, the 2008 Democratic National Convention will pump another $150-200 million into the area economy.