OEDIT Joins National and Local Partners to Capture the Economic Challenges COVID-19 Poses to Colorado’s Business Community

Colorado’s Office of Economic Development and International Trade, in partnership with POLCO and Downtown, Colorado Inc. (DCI), has released a Colorado COVID-19 Business Survey. Recorded from April 10 to April 30 during the peak of the state’s economic interruption, the survey chronicles the economic challenges facing Colorado businesses.  

2,382 survey responses from 60 of Colorado’s 64 counties were recorded. Survey responses were cataloged by business size, industry, urban and rural categorization, specific locations and designated statewide planning regions, and statistically weighted to represent known statewide business parameters.

The findings illuminate Colorado’s business preparedness, top challenges, impacts on businesses’ operations, revenue and workforce, and ongoing recovery efforts. This survey will serve as one of multiple data points that OEDIT, the State and the Governor’s Council on Economic Stabilization and Growth will use to determine short and long-term recovery strategies, as well as legislative recommendations.

Full Survey Results