Want to know more about the La Plata economy? You’ve come to the right place! Here you will find much more in-depth information on the La Plata economy, as well as the surrounding counties of southwest Colorado.
If you need more information, please contact us and we will create customized reports for your data needs.
The Business Retention & Expansion Outreach Program
In 2012, the Alliance met with almost 60 Businesses to identify and capture business needs and successes.
Overview of the Local Economy
The counties of Southwest Colorado include Archuleta, Dolores, La Plata, Montezuma, and San Juan are part of the Region 9 development district. Every year, Region 9 puts out an update on the economies in each county. More information on La Plata County; as well as the other counties can be found on the website for Region 9.
Comprehensive Economic Development Strategy
Region 9 also updates the Comprehensive Economic Development Strategy, or CEDS, every five years. The purpose of this document is to identify key projects for the continued healthy growth of the region. The CEDS provides a comprehensive overview of economic conditions in each county in Southwest Colorado. This includes not only current statistics, but also population projections and the job change by industry over the last ten years. A copy of the La Plata County economic chapter of the CEDS is available here.
Southwest Business Forum
Every year, Fort Lewis College and Wells Fargo bank present the Southwest Business Forum. This forum looks at economic conditions nationally, across the state, and in La Plata County. The presentations are available at Fort Lewis’ Office of Business and Economic Research web page.
Economic Impact Studies
*Region 9 posts current economic impact/contribution studies. The most recent one can be found here.
*Fort Lewis College (FLC) also provides a number of economic impact studies for events, businesses, and industries in Southwest Colorado. A list of all of FLC’s impact studies can be found here.
Key studies for La Plata County include:
- the Growth Companies of Southwest Colorado and their effect on employment and earnings;
- the impact of the Ignacio Motorbike Rally and the Durango Independent Film Festival on the local economy;
- the role of Fort Lewis College in the local economy; and
- the Natural Gas industry and its impact on the local economy.
- the Economic Impact of Non-profit Arts and Culture Organizations and their audiences in the City of Durango.
Households and Expenditures
The Small Business Development Center has subscriptions to numerous databases. Together with the Alliance, we can create customized reports for businesses looking to move into La Plata County, or for La Plata County businesses to identify new market opportunities.