Mountain states’ economies healthy, but not adding jobs
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 [...]
After rising above neutral growth during July, the overall index for the Mountain States region, and for Colorado, sank below 50 for August. The index, based on a survey of supply managers in Colorado, Utah and Wyoming, points to a wilting economic recovery. The Business Conditions Index slipped from 51.5 during July to 47, [...]
Continue reading …The Mountain States Business Conditions Index registered 51.1 in July, showing positive business growth for Colorado. A reading above 50 indicates an expanding economy during the next three to six months, while one below 50 indicates a contraction. The Colorado business index was at 42 in June, 44 in May and 38 in April. Components [...]
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