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Metro Market: Denver
As mid-year hits, Denver residents are growing more upbeat about some aspects of their finances. The local COUNTRY Financial Security Index® increased for the second consecutive time in June, inching up 0.9 points to 67.7. The moderate increase in the bi-monthly measure was driven by improved ratings of overall financial security and an increase in the number of residents able to save within the past two months.
Denver residents’ latest sentiments are in contrast to Americans nationally, as the national COUNTRY Index remained stable in June, ticking down just 0.1 points to 64.8.
Polling of Denver residents also revealed:
- Forty-four percent rate their financial security favorably, up three points from April.
- Fifty-one percent were able to save in June, up two points from two months ago.
- Those who say their house, car and possessions are adequately insured increased three points this month to 86 percent.
- However, those confident they will have the resources to send their children to college dropped five points to 61 percent.