Colorado’s leading economic indicators slipped in January, although it remained strong. According to the Goss Institute for Economic Research, construction industry is weighing on the economy, even as the state’s large energy sector is pushing it forward. “Durable and nondurable goods producers, especially those with ties to energy and international markets, are benefiting from the [...] [...]
The Mountain States region is showing signs that it could beat a double dip recession, according to the September report of the Goss Institute for Economic Research. But the business confidence index has slumped to a recessionary level, according to the report. And there are some economic indicators that are not looking great. For example, [...] [...]
Business orders, production of sales, employment and inventories in the Mountain States are treading slightly above growth neutral this summer but it seems confidence is slipping. About 33 percent of supply managers surveyed in Colorado, Utah and Wyoming say they expect an upturn in sales for the rest of 2011 while 14 percent expect a [...] [...]
The Rocky Mountain Region’s economy appears to be on the right track. For a second consecutive month, the overall index for the Mountain States region, Colorado, Utah and Wyoming, moved above growth neutral 50 to 55.4 for November from October’s 51.6. The November employment index increased to 49.9 from 46.1 in October. In Colorado, the leading [...] [...]
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