Author: Bernadette Berdychowski
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Denver certifies ballot for November election on Johnston’s $1B bond package
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The ballot for Denver’s election in November is here. The city certified on Friday what measures will be on the ballot for the election held on Nov. 4. The “Vibrant Denver Bond” – the major initiatives from Mayor Mike Johnston’s administration to fund a variety of city projects up to $1 billion – will be measures 2A to 2E…
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Most Denver homes sold for at least $595,000 in March – up 5% from year ago
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Denver home values went up nearly 3.5% last month to $595,000 in March, according to a new report from the Denver Metro Association of Realtors Market Trends released Wednesday. Local home values are cyclical and typically rise ahead of summer and fall during the rest of the year. That median home price grew about 5%…
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Colorado businesses starting to feel good about the economy again, report shows
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For two years, state business leaders reported feeling pessimistic about the direction of Colorado’s economy. It started when inflation was high. And to tame it, the Federal Reserve raised interest rates making it more costly to borrow money for business loans or mortgages. But for the first time since 2022, business confidence in the state…
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Colorado unemployment inches up to 3.5%, but job growth among strongest in U.S.
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Colorado’s unemployment rate inched up in February to 3.5% from 3.4%, according to data released Friday from the Colorado Department of Labor and Employment. The state saw the number of unemployed grow about 4,200 people. The state is still below the national average, which increased by two-tenths of a percentage last month to 3.9%. “It’s…
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5 risks to Colorado’s economy state officials are watching
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Fears of a recession are fading as the nation’s – and Colorado’s – economy continue to beat expectations. Looking forward into 2024, Colorado’s Office of State Planning and Budget (OSPB) forecasts national economic growth to be better than originally thought based on strong consumer spending at the end of 2023. The economy is expected to make a…
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Government jobs growth leads Colorado in 2023, report shows
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Unemployment in Colorado ticked up to 3.4% in January from 3.3% in December, according to the latest numbers available from the Colorado Department of Labor and Employment released Monday. Colorado’s jobless rate increased slightly over 12 months from 3%, but has consistently stayed below the national average of 3.7%. December’s original unemployment level was reported…
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Colorado’s attorney general sues over proposed $25 billion Kroger-Albertsons merger
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Colorado Attorney General Phil Weiser is suing to block the nearly $25 billion Kroger-Albertsons merger, the official announced today. In Colorado, Kroger operates 148 King Soopers and City Market store, while Albertsons runs 105 Safeway and Albertsons stores. In his lawsuit, Weiser claimed the merger would eliminate competition between the two supermarket chains and consolidate the market,…
