The Booming Future of Building Trades in Colorado: Forecasts for …

Aug 14, 2024 · Colorado has been experiencing a construction boom for several years now, and all signs point to this trend continuing well into the future. Our state's population growth, …

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Colorado's Building Boom: Why 2024 Is The Perfect Time To …

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Jul 23, 2024 · Colorado's building trade industry is experiencing an unprecedented boom, with construction employment growing 5.2% faster than the national average in 2023 [Note: This …

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FAQs about The Booming Future of Building Trades in Colorado: Forecasts for … Coupon?

What will Colorado's job growth look like in 2025?

The forecast, developed by the Business Research Division in collaboration with the State of Colorado and insights from more than 140 leaders across the business, education and government sectors, projects job growth of 1.2% in 2025. ...

Will Colorado's growth continue next year?

That’s expected to continue next year, she said, thanks to an increase in births that has the state adding 51,400 people, she said, “the largest growth since 2019.” The 2025 Colorado Business Economic Outlook was also the 60th annual report. (Tamara Chuang, The Colorado Sun) ...

How stable is Colorado's economy?

Colorado's economy is stable, say economists, and jobs will be added in 2025, although at a slower rate than in recent years. ...

Why is Colorado building fewer homes than expected?

Housing demand is greater than ever but Colorado is building fewer homes than expected. Here’s why. A pre-pandemic construction labor shortage intensified last year despite a strong real estate market. There’s just not enough workers to build what was planned. The industry is focused on attracting newcomers. ...

What are Colorado contractors thinking about in 2022?

Poor subcontractor safety and health performance are tied to a lack of cooperation among government agencies or regulators as other top health and safety concerns. 2022 technology investment plans provide a glimpse into what Colorado contractors are thinking about for the future. ...

Why is Colorado a good state for economic growth?

Although growth has slowed in recent years, it remains one of the state’s key economic drivers. Colorado’s position as one of the most innovative, educated and entrepreneurial states bodes well for the sector’s future. Natural resources and mining: Although small in terms of total jobs, this sector contributes significantly to Colorado’s economy. ...