Translation Services in Denver – Economic Profile
Denver has a population has a population of about 567,000 people. The capital of the state of Colorado is strategically located on the High Plains east of the Southern Rocky Mountains and midways between major cities in the Midwest and the West Coast. This position makes it a major transportation, storage, and distribution hub.
Denver International Airport is among the ten busiest airports in the world and the fourth busiest in the United States, serving about 47 million passengers annually.
The city’s economy is diverse and its major sectors are transportation and distribution of goods, international business and finance, government services, mining, and communications.
The closeness to the Rocky Mountains has attracted major mining and energy companies such as Halliburton, Smith International, Rio Tinto Group, Noble Energy, Newmont Mining, EnCana, and Anadarko. Important telecommunications companies located in Denver include Comcast, Dish Network Corporation, Starz-Encore, and Qwest Communications. In addition, National Renewable Energy Laboratory also has its headquarters in Denver.
Two famous breweries, New Belgium Brewing Company and Coors are located in the city, as well.
Denver is also a principal venue for conventions and conferences with Colorado Convention Center being one of the nation’s most important venues of its kind.
Denver has a rich cultural heritage; it features an abundance of museums and performing arts centers. The principal sites of interest include the Opera House and Denver Art Museum.
Denver is also a popular venue for livestock production and livestock events. The National Western Stock Show is one of the largest in the country, drawing about 700,000 visitors annually.
The city is home to an ethnically diverse community which contributes actively to its cultural scene. The various ethnic groups celebrate their heritage in major events such as the Hispanic Cinco de Mayo and the El Grito de la Independencia festivities.
Numerous prestigious institutions of post-secondary education make Denver a major educational center. It is home to University of Denver, Regis University, Metropolitan State College of Denver, University of Colorado at Denver and Health Sciences Center, Heritage College, Johnson & Wales University, Colorado Technical University, The College for Financial Planning, and many more.
The city’s ethnic composition is mostly White making up 50% of its population. The Hispanic population makes up about 35% and the most prevalent ancestries are German (11%), Irish (7%), and English (6%). The rest of the population includes African American, Asian, and Native American.
Thanks to its geographic position, Denver is a major hub for transportation, distribution, and conventions. It is also a prestigious educational center and home to an ethnically diverse population. This creates a high demand for multi-linguistic services and has given a rise to ethnical marketing, targeting the different ethnic groups represented in Denver.