Tuesday, August 8, 2023

Denver Metro Economy Slows


Sales tax in the 7-county Denver metro area has dipped to 2.6 percent above last year, a significant falloff from the post-pandemic period. After a brief 2020 recession, the local economy soared with a flood of federal funding, mostly to consumers, low interest rates, and “revenge” shopping to make up for the COVID-19 shutdown.

The metro area is now dealing with a flat line of population growth and a more constrained economy.

Denver Metro Area Sales Tax Revenue Growth
RELATED: Sales Tax Revenue Growth Stalls

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