Fort Collins Economic Outlook

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Mar 122013
 

Author: Lena Howland

[youtube]http://youtu.be/GzUoBYzNH24[/youtube]

As jobs numbers increase and the unemployment rate decreases, the Fort Collins economy is looking up for the first time in several years.

With private companies hiring more and more people within the community, they are providing a boost to the local economy.

OtterBox, a locally owned and operated private company, has seen an increase of more than 3000% within the past few years. This points to a major sign that Fort Collins has entered the economic recovery due to more businesses adding more jobs.

According to the February national jobs report, 236,000 jobs have been added in the month of February alone and the unemployment rate has decreased from 7.9% to 7.7%.