It’s time to count our blessings and focus on the positive. Colorado is in a healthier position than the rest of the West, California, Oregon, Nevada, the Southeast, Florida and South Carolina, said Nathaniel Karp BBVA Compass U.S. chief economist. And the high-technology sector will help Colorado recover more quickly than other states. “Compared to [...] [...]
Economists with BBVA Economic Research say the U.S. economic recovery process will be characterized by a slow expansion rate over a prolonged period of time, although the nation will still fare better than other developed countries. Regionally, several challenges will result in below-average economic growth rates compared to previous expansion cycles. Fiscal pressures from reduced tax [...] [...]
Although Colorado’s unemployment is still high and job losses are expected to continue, positive national economic indicators will likely boost the state’s small business conditions, said Vectra Bank’s Corporate Economist Jeff Thredgold. Locally, the Vectra Bank Colorado small business index measured 76.9 during April, down from a revised 78.1 during March. The index decline reflects [...] [...]