A busy quarter for company formation is another data point supporting Colorado’s economic strength emerging from the pandemic.
If you’re looking for signs of optimism in the current economic picture, Brian Lewandowski suggests looking at the rate of recent business formation in Colorado.
Lewandowski, executive director of the Business Research Division at Leeds, said fourth-quarter new entity filings in 2022 hit a high-water mark since BRD started tracking quarterly metrics in 2007. It’s been doing so as a partner with the secretary of state’s office since 2011.
“In many of the categories that measure economic health, Colorado remains a top-10 state,” Lewandowski said. “And while business filings don’t necessarily represent future economic health or suggest a more positive outlook, the strength of this data point would seem to be yet another indicator of Colorado’s strength going forward.”
MORE: Read full…
