Tag: Economy
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Colorado’s economy sees steady gains across the board, midyear report finds
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Halfway through 2024, Colorado’s economy remains resilient in some areas while exceeding expectations in others, new data finds. The University of Colorado Boulder released its midyear economic update Thursday which found slight increases in the state’s growth domestic product (GDP), employment and overall population. “Based…
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Colorado jobless rate unchanged in April
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The jobless rate in Colorado held steady in April at 3.7%, unchanged from the month before, the Colorado Department of Labor and Unemployment reported Friday. That followed three straight months in which the state’s unemployment rate edged up. The nation’s unemployment rate in April was…
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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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Denver household incomes need to be $71K higher than 2020 to afford a home
It’s no secret buying a house has become much more expensive since the pandemic. But how much more does one have to earn to afford a mortgage? Households in Denver would need their incomes to go up more than $71,000 since 2020 to afford a monthly mortgage with a 10% down payment, according to an…
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Colorado’s economy on solid footing going into 2024, economists say
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Confidence in the economy fell heading into 2023 as prices soared and fears of a recession spread. But as the year ended, Colorado business leaders started to feel more optimistic about the economy, according to the Leeds Business Confidence Index from the University of Colorado…
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Denver’s new Outside Festival showcasing state’s outdoor recreation industry set for June
A new, large outdoor recreation festival is coming to Denver in June, Gov. Jared Polis announced Tuesday. The two-day Outside Festival highlighting Colorado’s outdoor recreation industry will be hosted at Civic Center Park from June 1-2. It’s the city’s newest event for outdoor recreation after the industry’s largest trade show, Outdoor Retailer, left Denver in 2022…
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Red Rocks concerts generated more than $700 million for area economy in 2022, study says
Facebook Twitter WhatsApp SMS Email Print Copy article link Save While Red Rocks has been busy smashing attendance records in the past few years on its way to becoming the world’s most attended concert venue in 2021, a research group has been working to quantify the Colorado music institution’s economic impact. Red Rocks’ concerts generated…
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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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Cable Center in Denver adds Syndeo Institute, leadership programs
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A new curriculum to inspire leadership and innovation through high-potential employees arrived in Denver. Dubbing it a “new contemporary operating brand,” The Cable Center on the University of Denver campus Thursday announced a new name and expanded programming with Syndeo Institute. It aims to serve…