Posted inBusiness, Economy, News, Politics and Government

Colorado’s economy is expected to cool, but not enter a recession, economists tell state lawmakers

Inflation and tightening monetary policy on the federal level are expected to cool Colorado’s economy in the coming months, according to quarterly economic and tax revenue forecasts by nonpartisan staff and the governor’s office presented to the legislature’s Joint Budget Committee on Tuesday. But both forecasts also predicted that Colorado will avoid a recession despite […]

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Colorado’s economic outlook clouded by inflation, war in Ukraine

A new war in Ukraine, mounting inflation and lingering uncertainty about the coronavirus point to an elevated risk for possible economic downturn in Colorado this year, state economists told the legislature’s Joint Budget Committee on Thursday.  Strong growth in state revenue is expected to flatten in the next two fiscal years, in part due to […]

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What’s Working: Where Colorado’s COVID economic recovery is better and worse than the rest of the country

Colorado’s economy continues to improve from the worst of the COVID-19 pandemic, but that was expected as businesses adapted and employees returned to work. We are, after all, nearly two years from Spring 2020’s massive business disruptions. What makes Colorado’s economy stand out is how much better — or worse — it has recovered compared […]

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Colorado’s taxable home values could skyrocket in 2023

The taxable value of Colorado homes is expected to rise dramatically in 2023, according to the most recent forecast by the General Assembly’s economists – and not just in the white hot Front Range and mountain resort real estate markets. As families flee high housing prices in those areas, they’re pushing up prices on Denver’s […]

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What’s Working: Colorado economists share 2022 forecasts on meat, apartments, video games and more

The annual crystal ball of Colorado’s economy swirled this week as economists and industry experts shared what is in store for the new year as part of the 2022 Colorado Business Economic Outlook, produced by the University of Colorado Boulder. “We’re pretty bullish overall on the macro economy,” Richard L. Wobbekind, associate dean of business […]

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What’s Working: As federal unemployment ends in 7 weeks, Colorado businesses are optimistic about their pandemic recovery

How optimistic are you about Colorado’s economic recovery? If you were one of the 250 business leaders surveyed for the University of Colorado business school’s recent quarterly economic report, your optimism was at “a record high.” The explanation?  “It was around the reopening of the economy, the vaccination rate and demand,” said Brian Lewandowski, executive […]