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CITY OF BOULDER NEW BUSINESSES, 2010-2016 Industry by NAICS Classification

NAICS Code

Total Businesses

Average Per Year

Startup Rate

Total Jobs

Agriculture

11

11

2

26%

--

Mining

21

7

1

9%

--

Utilities

22

6

1

20%

--

Construction

23

155

22

10%

226

Manufacturing

31-33

154

22

9%

855

Wholesale Trade

42

326

47

13%

987

Retail Trade

44-45

319

46

8%

1,311

Transportation & Warehousing

48-49

22

3

9%

109

Information

51

252

36

17%

807

Finance and Insurance

52

238

34

10%

513

Real Estate, Rental, Leasing

53

209

30

9%

298

Professional, Scientific & Technical Services

54

1,933

276

16%

4,091

Management of Companies & Enterprises

55

84

12

24%

312

Administrative & Support & Waste Management

56

310

44

17%

859

Education Services

61

134

19

13%

305

Healthcare & Social Assistance

62

377

54

8%

927

Arts, Entertainment, Recreation

71

146

21

16%

191

Accommodation & Food Services

72

276

39

10%

2,350

Other Services

81

571

82

17%

726

Government

Gov’t

5

1

3%

--

Unclassified

119

17

NA

--

Total

5,654

808

13%

15,178

Source: Colorado Department of Labor and Employment, Quarterly Census of Employment and Wages (BRD calculations).

“High-tech traded sectors,” described as including manufacturing; information; professional, scientific and technical services; and management of companies and enterprises, accounted for 43% of Boulder’s new businesses and 15,200 jobs from 2010 to 2016.

ESTABLISHMENT BIRTHS AND DEATHS, PERCENTAGE OF TOTAL BUSINESS (MSA)

Once normalized, the number of overall establishment starts out pace closures by 2.4% annually, which ranks Boulder higher among the peer innovation economies.

BOULDER ECONOMIC COUNCIL

20

Innovation Venture  

The Boulder Innovation Venture Report is a product of an initiative launched by the Boulder Economic Council of the Boulder Chamber in 2017....

Innovation Venture  

The Boulder Innovation Venture Report is a product of an initiative launched by the Boulder Economic Council of the Boulder Chamber in 2017....