This business database is available for immediate download and contains updated business listings for all Colorado businesses that filed changes of demographic, location or contact information for the month of October 2006. Complete Colorado marketing information is available for each of the businesses in this website content database. This Colorado download database can be purchased as a single item using the links provided or you can subscribe to our Updated Businesses Database Service.

Colorado is a state that has continued to maintain growth compared to other states, especially in the area of jobs. However, statistics from 2006 indicate that this trend may be slowing. However, the business industry has remained relatively stable. The growth of businesses in Colorado was higher than the national average. The businesses in Colorado contributed to the creation of 48,000 jobs during the second quarter of 2006. The unemployment rate for Colorado was exceptionally low, sitting at approximately 4.4% by the end of 2006. It should be noted that this is much lower than the national average.

However, the Federal Reserve Bank indicated that the business growth in Colorado slowed by the second quarter of 2006. Some of the things that were responsible for this trend were increasing interest rates and rising energy costs. If these trends continue, the state may begin to experience a slow growth in 2007. One of the business industries that has expanded the most in this state is mining. The increasing cost of energy is directly connected to this field, and the growth of the sector is a direct result of it. The growth of mining is expected to create a domino effect that will also allow growth in the manufacturing, wholesale, and transportation businesses. Trade is also expected to grow.

The businesses that experienced the weakest growth during 2006 were the Information Technology and manufacturing industries. Despite the fact the electronic manufacturing created over one hundred thousand jobs since 2001, there were not increases in this sector during 2006. In addition to this, electronics manufacturers cut over 4,000 jobs during the 2006 year. Because these jobs have traditionally paid large wages, job losses will effect the state economy more than other industries. For example, the maximum amount workers were paid in this industry was $1,800, a thousand dollars more than the state average, which was approximately $800.

While manufacturing businesses were weak in 2006, statistics indicate that they have become more stabilized. The studies conducted on this sector indicate that it is experiencing growth, and this is due in part to the increase in energy prices. These trends indicated that the manufacturing industry will continue to grow in 2007, as long as energy prices remain stable. Much like other states in the U.S., the housing market became weaker during 2006. One of the things that has led to this trend is increasing interest rates and housing prices. The sell of single family homes fail by over 2% during 2006.

It should also be noted that the number of building permits has fell in Colorado. Foreclosures increased in 2006, and statistics indicated that foreclosures reached their highest level in 10 years. These foreclosures seem to be a direct result of increased interest rates and housing properties. Unlike other states, the income of residents has not kept pace with the housing prices, and the loss of jobs in the electronics/computer manufacturing has amplified this trend. The decline of the real estate industry in Colorado is very similar to what has been seen in other states.