Pikes Peak Economy
Data-driven reporting on the economy of the Pikes Peak region - Colorado Springs, El Paso County, and southern Colorado. Business formation, jobs, housing, and wages, sourced from Secretary of State filings, BLS data, and other public records.
Reported by Alex Wilson
The Only Part of the Colorado Springs Job Market Still Growing Is Health Care
One in five new Colorado Springs jobs over the last decade was in health care, and for the last two years it is the only part of the market still growing. A QCEW data brief on the sector carrying the county, and the paychecks that stood still.
The One Number That Shows Colorado Springs' Business Engine Stalled in 2024
For a decade, Colorado Springs started about four businesses for every one that closed. In 2024 that ratio fell to 2.52 to 1, its lowest on record. Here is what the Secretary of State filings show, and why the closures landed where they did.