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Colorado attracts nations best and brightest in recent Bloomberg report.

  • ​Bloomberg recently released its annual Brain Concentration and Brain Drain Indexes. The former tracks business formation along with employment and education in the sciences, technology, engineering and mathematics. As a contrast, the Brain Drain Index tracks cities with waning-white collar jobs and declining salaries among those same STEM industries.
  • Three Colorado cities landed on the list for top 10 leading metropolitan areas, boasting some of the nation’s “brightest” and each already established as a tech hub (or emerging as one). Boulder, Fort Collins and Denver rank 1, 4, and 10, respectively, in the Brain Concentration Index. Trailing Boulder, perhaps surprisingly, are San Francisco and San Jose at No. 2 and No. 3, while Fort Collins places higher than Raleigh, Seattle, Austin, and Dallas.​​
  • Despite the concentration of high ranking cities along the Front Range, there exists geographical disparity within our state. Grand Junction saw a No. 16 placement in the Brain-Drain Index. Historically reliant on oil, gas, and agriculture, the Western Slope metro hasn’t yet diversified its industry composition enough to shield against energy commodity downturns. Still, efforts are underway to do just that: tax-holidays for tech businesses are projected to bring 600 jobs to the city and neighboring communities.​

Source: JLL Research

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