Patty Silverstein's economic update for Real Estate BarCamp Denver 2010

1. Picking Up The Pieces Metro Denver 2010 Economic Update June 2010

2. Real Gross Domestic Product Growth Source: U.S. Bureau of Economic Analysis.

5. Population by County 2009 Population = 2.83 million

6. Metro Denver Annual Change in Population Source: Colorado Division of Local Government

7. Consumer Confidence Index Source: The Conference Board.

8. Unemployment Rates (not seasonally adjusted) Metro Denver Total Labor Force = 1.5 million Sources: U.S. Bureau of Labor Statistics; CO Dept. of Labor & Employment.

9. Colorado Personal Income Growth Rate Sources: U.S. Bureau of Economic Analysis.

10. Dow Jones Industrial Average Source: Yahoo! Finance. 2007: 18% of U.S. families have stocks; 53% have retirement accounts

11. Metro Denver Real Retail Trade Sales Growth Rates Source: Colorado Department of Revenue.

12. Metro Denver Existing Home Sales Source: Metrolist, Inc.

13. Residential Mortgage Loans in Foreclosure or Delinquent Sources: Mortgage Bankers Association, National Delinquency Survey

14. Metro Denver Foreclosures Sources: CB Richard Ellis; County Public Trustees.

15. Median Home Price (in thousands) Source: National Association of REALTORS.

16. Metro Denver Building Permits Source: Home Builders Association of Metropolitan Denver.

18. Nonfarm Job Growth Rates Sources: U.S. Bureau of Labor Statistics; CO Dept. of Labor & Employment.

19. Metro Denver Net New Jobs Source: CO Dept. of Labor & Employment.

20. Key Metro Denver Industry Clusters Employment 2009 Job Growth Concentration Rank (50 metros) Aerospace 19,900 -1.2% 2 Aviation 15,700 -1.5% 10 Bioscience Pharmaceuticals & Biotechnology 5,600 4.5% 18 Medical Devices & Instruments 9,500 1.6% 6 Broadcasting & Telecommunications 41,400 1.7% 4 Energy Fossil Fuels 15,800 0.4% 8 Cleantech 16,300 4.6% 7 Financial Services Banking & Finance 44,000 -0.3% 4 Investments 23,300 0.3% 7 Insurance 26,700 -5.9% 23 IT/Software 42,300 -0.2% 9

21. Metro Denver Office Vacancy Rates (with sublet) Existing Square Feet = 163.0 million Completed 2009 = 1.6 MSF; Under Construction = 1.2 MSF Source: CoStar Realty Information, Inc.

22. Metro Denver Industrial Vacancy Rates (with sublet) Source: CoStar Realty Information, Inc. Existing Square Feet =214.7 million Completed 2009 = 0.2 MSF; Under Construction = 0 MSF

23. Metro Denver Retail Vacancy Rates (with sublet) Existing Square Feet = 155.3 million Completed 2009 = 2.1 MSF; Under Construction = 0.4 MSF Source: CoStar Realty Information, Inc.

26. U.S. Historic and Projected Budget Deficits by Fiscal Year ($bil) Source: Congressional Budget Office.

29. Year-Over-Year Growth in Exports Source: U.S. Department of Commerce, International Trade Administration. Key Colorado Trading Partners: Canada, Mexico, China, Japan, Germany Key Products: Computers and electronics, chemicals, processed foods, machinery

32. Development Research Partners 10184 West Belleview Avenue, Suite 100 Littleton, Colorado 80127 (303) 991-0070 www.DevelopmentResearch.net Patricia Silverstein, President [email_address]