Denver Metro Area Continues to Prosper

Recent cautious state and private financial projections of 2020 Colorado tax revenue are incorporating the many factors that appear to be slowing down the U.S. and world economies. But, the Denver metro area continues to show considerable prosperity.

The year-to-date increase in sales tax in the metro area for July is 5.7 percent, a significant increase showing consumer and business activity in the area and a reflection of continued growth in the economy and population. The 2019 rate has held steadily at about 4 percent and not declined yet.