MarketWatch.com Picks Denver as the Second Center for Business in the Country!

Denver, Colorado, continues to be a flourishing business center. With its strong entrepreneurial spirit, highly educated workforce and excellent quality of life, top-notch employers and employees love to call Denver home.

Metro Denver has been recognized by MarketWatch.com, a well-known business website, as the second best business center among the country’s 50 largest metropolitan areas. This honor was bestowed based on numerous factors including concentration of company headquarters, population growth, and unemployment rates. Amazingly, Denver placed in the top 20 of all categories with the exception of job growth, which was ranked 28th. Denver did particularly well in the small business and Russell 2000 categories. In the overall rankings, Denver was sandwiched between Minneapolis, Minnesota, the top-rated city and Richmond, Virginia, the third-ranked city.

This is a great accomplishment for Denver since was absolutely devastated during the late 1980s by the mass departure of the oil industry. It has gradually rebuilt has a more diverse economy anchored by the telecommunications, aerospace, information technology, financial services and energy industries.

This is all great news for the struggling Denver real estate market. It is vital that the Denver economy continues to thrive to support the housing market’s inevitable recovery. For more information on the business environment in Denver, Colorado, please contact TeamCox Realtors. 

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