Colorado drought conditions lead to slower economic growth
While the economic index for the mountain states remains higher than the national average, leading economic indicators are slipping, according to the Goss Institute for Economic Research. The overall business conditions index slipped to 56.1. The index is a measure of indices for new orders, production, employment, inventories and delivery lead time. The big problem [...]
Colorado’s economic indicators slipped in May, but remain healthy, according to information from the Goss Institute for Economic Research. Employment, production and sales, inventory and new orders are all still above national levels, however. “Durable goods producers are outperforming non-durable goods manufacturers in the state,” he said. “Heavy manufacturers are adding employees at the same [...]
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