Author: Bernadette Berdychowski
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Signals mixed for Colorado economy halfway through 2026
Colorado’s economy faced a mix of headwinds and tailwinds through the first half of the year. Inflation is up again, job growth is slowing and geopolitical turmoil has added the effects of high oil prices to the state’s economy. Yet, despite those issues, Colorado’s economy continues to expand, according to a report from the University…
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Denver aerospace company Voyager sees rapid growth in latest earnings
A fast-growing aerospace and defense company based in Denver saw record revenues and record bookings in the latest quarter. Voyager Technologies announced it generated $52.7 million in the second quarter, according to its latest earnings report released Monday. Revenues are up 51% from the first quarter. The company saw a surge in demand in the…
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Colorado business confidence improves but still pessimistic
Halfway into the year, business confidence across Colorado has improved but is still negative, a new report found. The Leeds Business Confidence Index, a measurement of how business leaders across Colorado feel about the future of the national and state economy, increased by one point to a score of 43, according to a report released…
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Denver International Airport CEO Phil Washington to retire
Denver International Airport CEO Phil Washington, who oversaw the airport’s rapid growth during the last five years, will retire on Aug. 1, the airport announced on Wednesday. “I am honored to have served the public for so many years,” Washington said in a news release. “But this was a long-planned decision.” Washington was nominated by…
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Denver approves $4.5M purchase of old state building to make way for affordable housing
The Denver City Council approved the purchase of a former office building once home to the Colorado Department of Labor and Employment in Capitol Hill for $4.5 million on Monday — marking the first project to use Vibrant Denver Bond money for affordable housing. The former CDLE office at 251 E. 12th Ave. has been…
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Tapped: Worst winter in memory triggers cascading economic strain in Colorado mountain towns
Editor’s Note: The Denver metro region sits at the center of one of the American West’s most complex and consequential water challenges. This series examines the interconnected systems that determine how the region secures, stores, and conserves its water while navigating the competing demands of fast‑growing urban communities and the increasingly unpredictable mountain snowpack that…
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Colorado adds 1,400 jobs in March, but state still on track for annual job losses
Colorado added 1,400 jobs to the economy in March, according to new state data. The Colorado Department of Labor and Employment reported the state had job growth in March and kept its unemployment rate at 3.9% amid a slowing labor market, according to its monthly report released Wednesday. The U.S. unemployment rate stood at 4.3%…
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Colorado sees surge in new business filings, but economy still faces major risks
New business filings in Colorado grew in the first quarter of the year, despite several concerning economic trends across the state, according to a new report released Monday. There were nearly 55,000 new businesses registered in the state during the first three months of the year, up 12.3% year-over-year, the report from the University of…
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Colorado awards $26M in tax incentives to keep aerospace company in state
A technology company in the aerospace and defense industry is looking to expand and could bring 1,250 jobs to Colorado if it chooses to continue growing in the state. The Colorado Economic Development Commission approved $26 million in job growth incentive tax credits on Thursday for an unnamed company called “Project Hera.” (The commission often…
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Colorado saw job losses for the first time since pandemic
Colorado’s job market last year appears to have been dimmer than it was originally believed to have been, new state data revisions show. The labor market wasn’t slowly growing, but rather it contracted in 2025. The state saw job losses for the first time since the pandemic last year, according to annual benchmarking data released…