A survey of Colorado business leaders said they’re still pessimistic about the new year, with more than half believing that the U.S. will enter a recession within the next six month.
Leeds School of Business
Posted inEconomy
Glimpse into Colorado’s 2023 economy reveals slowdown but still signs of job growth
The annual Colorado Business Economic Outlook presentation points to some bright spots in what’s expected to be a challenging year for some industries.
Posted inEconomy
Colorado sees big increase in new businesses after filing fees drop to $1
But the Secretary of State’s third-quarter data showed more companies dissolving or are late in filing periodic reports, which has economists concerned.
Posted inEconomy
What’s Working: Colorado is expected to follow the U.S. economy’s slight 3rd quarter growth
Despite inflation, job and income growth provided a needed nudge. Plus: The politics of inflation, the state’s VC arm adds its first Black founder-led fund, and more.
Posted inBusiness
What’s Working: Colorado business leaders grow more pessimistic about the local economy
Plus: As 84% of workers surveyed say they plan to keep working past retirement age, Colorado considers the benefits of an older workforce.
Posted inNews
What’s Working: Colorado sees rise in business closures while new business creations go flat
The lowest-paid workers in Denver are getting a 9% pay raise on Jan. 1. When it takes effect, the city’s minimum wage of $17.29 will be one of the highest in the nation — higher than Los Angeles, San Francisco, Washington, D.C., New York City and Chicago. But more on the minimum in a bit. […]
Posted inBusiness, Economy, News
What’s Working: Colorado’s economy is still growing, but a slow down has added to recession fears
A day after the head of America’s banking system said the nation isn’t in a recession, the U.S. Commerce Department said the nation’s economy shrank. Again. For the second quarter in a row. Conventional wisdom often calls this a recession — or “a significant decline in economic activity that is spread across the economy and […]
Posted inBusiness, Economy, Housing, News
What’s Working: As recession concerns grow, Colorado building permits are on the rise
Inflation is still a hot topic but this week, we took a peek at what’s on the way in terms of new housing. And the easiest way to see the future? Residential building permits. This is Week 3 of a special version of What’s Working Housing. There are still some inflation updates below, plus a […]
Posted inBusiness, Economy, News
What’s Working: Unpacking Colorado’s “muddled” economy
Colorado may have recovered the 375,000 jobs lost in the first two months of the pandemic, but we’re not back to peak employment yet. And while new business creations remained high so far this year, delinquencies and dissolutions are growing. These and other trends were made clearer after the Secretary of State’s quarterly Business & […]
Posted inBusiness, Economy, News
What’s Working: Colorado business leaders lose optimism about economy — but 55% expect to raise wages anyway
No surprise here. Global unrest with the Russian invasion of Ukraine plus ongoing and rising inflation have Colorado business leaders less optimistic about the economy this year than last, according to a new survey. But has that changed how they’re going about their business? According to a new analysis by Leeds Business Confidence Index, 55% […]