economy
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5 risks to Colorado’s economy state officials are watching
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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5 risks to Colorado’s economy state officials are watching
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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Optimism among small businesses below average for 20th month in a row: Report
Attitudes among small business owners have been bleak for nearly two years straight, according to a new national report. The National Federation of Independent Business’ monthly small business optimism index decreased by 0.6 of a point last month, reaching 91.3. This marks the 20th consecutive month optimism rates fell below the 49-year average of 98. The…
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Regulatory burdens top concerns of Colorado business leaders: Poll
The primary concern of business leaders in Colorado has shifted from a lack of workers to an excess of regulations, a new poll found. Of 156 business leaders from across the state, 48% identified regulations as their most important issue, according to the Colorado Chamber of Commerce’s 2023 Business Leaders Survey released on Wednesday. Last…
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Colorado is ‘well positioned’ for a US debt default, says state Treasurer Dave Young
With eight days to go until the United States is unable to pay its bills, the White House and Congress are still nowhere near an agreement on raising the national debt ceiling. The U.S. reached its $31.4 trillion debt ceiling – the limit on how much the government can borrow – in January. Treasury Secretary…
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Space gets safer for business with new industry watch center in Colorado Springs
Space is getting a little safer for satellites providing imagery, communication, weather data and many other commercial services with the creation of a new industry watch center in Colorado Springs. The Space Information Sharing and Analysis Center is getting started just as threats to commercial satellites are ramping up from the countries, such as Russia…
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4 years later: Polis’ inaugural promises revisited
Jared Polis was sworn in for his second term as governor of Colorado on Tuesday, marking four years since he entered office with the promise of creating a “Colorado for all.” Far from being the state’s most prominent leader as he is today, Polis stood in front of the Capitol on Jan. 8, 2019 and…
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Interest rates, inflation trend during slow season in October Housing Report
Interest rates increasing alongside inflation are emphasizing the already slow fall season in home sales, according to the October 2022 Market Trends Housing Report from the Colorado Association of Realtors. In one month, new listings of single-family homes for the metro-Denver area decreased more than 25% and lowered 20% statewide. The market maintained a healthy…
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Denver voters let landlords off the hook as early results show Ordinance 305 failing | ELECTION NIGHT 2022
Early election night results show Denver voters soundly rejecting a proposal requiring landlords to pay a $75 per year per property to fund legal representation for renters facing eviction. Just over 107,000 votes have been counted, with about 60% of voters rejecting the ordinance as of 9:30 p.m. Tuesday. The ordinance was expected to raise just…