Denver Economy Ranks 4th for Fastest Growth in 5 Years Among Top 20 Metros

The Denver metropolitan economy saw the fourth-highest rate of growth among the 20 largest US metros between 2011 and 2016 according to an analysis of recently released economic data conducted by SpareFoot.

In 2011 the Denver-Aurora-Lakewood, CO Metropolitan Statistical area generated a gross domestic product of $153 billion dollars. In 2016, the Denver area’s GDP had grown to $180 billion, an increase of 18 percent in 5 years. Among the 20 largest metros in the country, only the Dallas, San Francisco, and Seattle MSA economies grew faster, at rates of 27 percent, 26 percent, and 20 percent, respectively.

The Denver MSA is the 19th most populous and the 18th largest economically.

The analysis was based on data released last month by the Bureau of Economic Analysis.

The BEA data revealed that the Denver metro economy grew by 2.4 percent from 2015 to 2016. In 2014 Denver’s GDP grew by 6%, the highest rate of the past five years.

Among the top 100 US metros, Denver ranked 15th for GDP growth between 2011 and 2016. Back in 2011, Denver was the 19th largest metro economy. Since then, it’s blown past Baltimore to take the 18th position.

Here are the complete 2016 GDP rankings for the top 100 US Metro Areas:

Al Harris