County’s business growth stays in state’s top tier

Douglas ranked second in Colorado and 40th in U.S. for highest investment activity.

Once again Douglas County, Colorado ranks among the top Counties in the state and nation for incoming investments, according to a recent study by New York-based financial firm Smart Asset.

Considering several factors including business establishment growth, GDP growth, new building permits, Douglas County was ranked second out of Colorado’s 64 counties for having the highest investment activity in the state and 40th in the nation.

“This ranking for incoming investments shines a light not only on the diversity of our economy, but also on our investment in the County’s transportation infrastructure, public safety, and natural resources which we believe is foundational for a healthy local economy,” said Commissioner and Board Chair Roger Partridge.

“There are several ways individuals, governments and businesses can invest money in a county or region,” SmartAsset reports while stating the methodology used.

SmartAsset, a New York-based financial technology company, conducts an annual study examining Counties the greatest amount of incoming investments in terms of business, real estate, government and local economy, as a whole, based on data from the U.S. Census Bureau – County Business Patterns Survey and the Building Permits Survey, U.S. Bureau of Economic Analysis and USAspending.gov

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