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Unformatted text preview: ess and Economic Research
(OBER) in the School of Business at Fort Lewis
College measures and reports on economic activity
in La Plata County. The La Plata County economy
is highly seasonal due to impact of tourism and
construction. Although winter tourism and sports
are significant, most La Plata County tourism
occurs during the summer. This summer concentration causes an annual July-September seasonal
upswing in economic indicators, such as retail sales
and employment. La Plata County’s not seasonally adjusted unemployment rate in September 2011 was 5.5%. This
rate is still well below the not seasonally adjusted
rate for Colorado (7.6%) and the nation (8.8%). The presence of major organizations such as
Walmart and the Mercy Regional Medical Center
in La Plata County provide some stability to the
local economy, particularly in labor markets.
However, while the county economy has become
less volatile over the past two decades, the recession and declining student enrollment at Fort Lewis
College have inhibited further growth and...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery