Colorado bankruptcies drop 5.7% in August

Broomfield

DENVER — Colorado bankruptcies declined 5.7% in August compared with the same period a year ago, even as Larimer and Weld counties recorded increases. Boulder County bankruptcy filings declined, with a slight uptick in Broomfield. That’s according to a BizWest analysis of U.S. Bankruptcy Court data. Numbers cited include all new filings, including open, closed … Continued

Colorado bankruptcies decline 40% in April

Broomfield

DENVER — Colorado bankruptcy filings dropped 40% in April compared with the same period a year ago, continuing a pattern of declines seen throughout 2021 and thus far in 2022. Filings also dropped in Boulder, Broomfield, Larimer and Weld counties compared with the year-ago period. That’s according to a BizWest analysis of U.S. Bankruptcy Court … Continued

Colorado bankruptcies decline 33% in March

Broomfield

DENVER — Colorado bankruptcy filings dropped 33.4% in March compared with the same period a year ago, continuing a pattern of declines seen throughout 2021 and thus far in 2022. Filings also dropped in Boulder, Broomfield, Larimer and Weld counties compared with the year-ago period. That’s according to a BizWest analysis of U.S. Bankruptcy Court … Continued

Colorado bankruptcies decline 26% in February

Broomfield

DENVER — Colorado bankruptcy filings dropped 25.8% in February compared with the same period a year ago, continuing a pattern of declines seen throughout 2021 and thus far in 2022. Filings dropped in Boulder, Larimer and Weld counties, with only Broomfield recording a single filing more than in February 2021. That’s according to a BizWest … Continued

Unemployment rate drops statewide, mostly flat in NoCo, Boulder Valley

Broomfield

DENVER — The Colorado unemployment rate fell three-tenths of a percentage point from October to November, while rates in Larimer, Weld, Boulder and Broomfield counties remained mostly unchanged over the month.  Colorado’s seasonally adjusted jobless figure was 5.1% in November, compared with a national average of 4.2%, according to new information provided Friday by the … Continued

Weld real GDP drops 11% in 2020, fourth worst in Colorado

Broomfield

Weld County’s real gross domestic product dropped 11.5% in 2020 as the economy suffered from the COVID-19 pandemic, including sharp declines in demand for oil and natural gas. The data look even worse when examining nominal GDP. While real GDP represents the total value of goods and services produced, adjusted for inflation, nominal GDP calculates … Continued

Local counties posted solid GDP numbers in 2019

Broomfield

Ah, for the good old days of 2019, when the economy was chugging along, unemployment was low and gross domestic product numbers were, well, positive. As the economy continues to struggle at the end of 2020 due to the COVID-19 pandemic, new county-level real GDP numbers released by the U.S. Department of Commerce’s Bureau of … Continued