Colorado Business Filings Point To More Hiring In 2017

Dated: 11/15/2016

Views: 173

By - The Denver Post

November 11, 2016

Both new business filings and the number of businesses and non-profits in good standing in Colorado continued to increase in the third quarter, according to the Colorado Secretary of State Quarterly Business & Economic Indicators.

The continued growth in business filings points to continued employment gains into 2017, noted Brian Lewandowski, associate director of the Business Research Division at the University of Colorado Boulder Leeds School of Business, which prepared the report.

The number of new entity filings rose 7.3 percent year-over-year, driven by a 9.3 percent jump in LLC filings, but they were down 3.8 percent from the second quarter.

Existing entity renewals were at 119,385, up from 4.1 percent a year ago and flat with the second quarter. They have risen year-over-year for 17 consecutive quarters.

Businesses in good standing continue to increase in 2016, rising 5.4 percent from year-ago levels to reach 619,477, a new record.

By |The Denver Post


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Ranae Urso

My name is RaNae Urso and I specialize in residential sales and buyer representation in the Denver Metro area. I have been in the real estate business over 14 years of my 30 years in Colorado. I enjo....

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