New business filings in Colorado were down 4.3% in Q4 2025 compared with Q3 but rose 4.5% year over year, according to the latest report from the Leeds Business Research Division at the University of Colorado Boulder and the Colorado Secretary of State’s Office.
New business registrations totaled 42,699 in Q4, and 171,691 businesses filed renewals, slightly higher than in Q4 2025 but down 3.4% from Q4 2024, according to the Quarterly Business and Economic Indicators report released Jan. 20.
Other highlights from the report:
Business closures increased 18.1% from Q3 but fell 31.2% from a year ago.
Jobs statewide grew 0.8% in November, ranking the state 18th nationally. The strongest gains came in the information, education and health services sectors.
Colorado’s labor participation rate of 67% is among the highest in the nation, ranking the state eighth nationally.
Unemployment moved lower, dropping to 3.9%.
Inflation rose 2.7% year over year, remaining below national levels.
View the Q4 2025 Report PDF Here.
Visit the Colorado Business and Economic Indicator Dashboard for monthly data on key economic indicators.