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Economic Dashboard

How is the economy right now in La Plata County?

Find out the latest on our employment, home construction, tourism, and other key measures of our local economic performance. If you have any questions, please feel free to contact us and we can walk you through what the data means.

Local Economic Conditions

October 2012

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Summary        
Improved (+) 9      
No Change (o) 4      
Declined (-) 7      
Improved (Declined) +2      
8        
  Current Last Month Last Year

Change

(vs Last Year)

Workforce        
  Labor Force 30,601 30,340 31,155 o
  Employed 28,841 28,567 29,308 o
  Unemployment Rate (%) 5.8 5.8 5.9 +
  Labor Force Participation (%) 56.8 56.5 59.1 -
8        
Construction & Housing        
  New Permits (to Date)        
     Durango 38 31 36 +
     Rest of County 111 102 100 +
  Value of Permits ($,000) (to Date)        
     Durango 21,375 20,210 8,204 +
     Rest of County 34,352 30,265 19,577 +
  Home Sales 487 426 379 +
  Average Home Price ($) 359,424 359,643 379,059 -
8        
Travel & Tourism        
  Enplanements 17,412 18,347 15,386 +
  Lodgers Tax ($) 100,716 106,317 104,922 -
  Train Visitors 10,934 19,553 10,571 +
8        
Gas & Oil        
  New Permits (Year-to-date) 59 58 85 -
  Production (mmcf) 28,780 30,293 34,403 -
8        
Other        
  Sales Tax, Durango ($,000)* 1,306 1,236 1,233 +
  Business Permits Issues 15 13 15 o
  Energy Use        
     Large Industry (mwh) 35,661 35,661 42,012 -
     Other Commercial (mwh) 21,643 21,643 23,089 -
     Commercial Accounts 6,144 6,184 6,084 o

*Note- Sales tax for Durango includes Use Tax.

Sources: Employment: Colorado Department of Labor and US Census Construction & Housing: City of Durango, La Plata County, and the Wells Group  Travel & Tourism: City of Durango, Durango Area Tourism Organization (DATO), and Durango & Silverton Narrow Gauge Railroad   Gas & Oil: Colorado Oil & Gas Conservation Commission  Other: City of Durango (Sales tax and business permits), and LPEA (Energy Use)

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Already Here?

You are very important to us. We can help you with the growth process or assist with other issues related to your business. We may know of a program that could benefit your business. You could also consider joining our Business & Industry Investor program to help attract more prosperity to La Plata County.

Learn More

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New to The Area?

We can provide site selection assistance for commercial and industrial land or vacant properties. We can also put you in touch with the right information and contacts to move your project ahead as quickly as possible. You could also consider joining our Business & Industry Investor program to help attract more prosperity to La Plata County.

Learn More

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Economic Summit

Every year our Economic Summit conference celebrates our local businesses that have found ways to thrive in a competitive economy, and to offer great ideas and concepts so many more can prosperously join them in the years to come. Top business leaders, community activists, State, County and Local City Officials will be in attendance.

Learn More

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