Tag: Economist
-
Skills gap, worker shortage, TABOR – takeaways from economic forum
—
by
Business and community leaders gathered Thursday for the 26th annual University of Colorado — Colorado Springs Economic Forum. It was the first in-person forum since the COVID-19 pandemic took hold in early 2019. In her main address, Tatiana Bailey, director of the UCCS Economic Forum, discussed the headwinds that could be forcing the economy into…
-
Colorado unemployment continues downward slide
Colorado’s unemployment rate continued the downward trend it has been on for all of 2022, sliding a tenth of a percentage point to 3.3% in July, the Colorado Department of Labor and Employment reported Friday. That’s the 13th consecutive month of flat or dropping unemployment levels in Colorado. The U.S. unemployment rate dropped to 3.5%…
-
Colorado business leaders believe recession is here, or looming: Survey says
About 80% of Colorado business leaders believe the U.S. economy has either already entered a recession or will do so by 2023, according to the Leeds Business Confidence Index survey released Wednesday by the University of Colorado Boulder’s Leeds School of Business. Pessimism oozed out of the report, which covers most of the second quarter…
-
Denver home market slowing a bit
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Signs of stabilization appeared in the September home sales report from the Denver Metro Association of Realtors as prices started to tick back up, as did the number of homes available for sale and the time it took to sell them. There were 3,971 active…
-
Colorado outpacing the U.S. in pandemic job recovery, ends historic run
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save New weekly unemployment claims in Colorado fell below pre-pandemic levels for the first time in more than 68 weeks. The Colorado Department of Labor and Employment report for the week ending July 24 shows there were 3,317 regular initial unemployment claims filed, plus 1,119 more…
-
Pent-up consumer spending will drive recovery, economist tells Denver business leaders
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Increased household savings levels, lack of a negative income shock that accompanies most recessions and pent-up consumer spending will all drive a post-pandemic recovery, an economist told a group of Denver business leaders. “Consumers are going to drive the recovery, because they were the main…
-
Fed economist: Spread of virus will dictate path of recovery
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The timing and extent of the nation’s and Colorado’s economic recovery from the COVID-19 pandemic will depend on how quickly the virus spreads in the coming months, a Federal Reserve Bank economist said Tuesday. The state’s and nation’s economies have recovered somewhat from layoffs triggered…
-
Economist: Expect rough winter as pandemic spreads, stronger recovery for Colorado after
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Expect a “rough” winter this year as the COVID-19 pandemic intensifies, but ultimately the Colorado Springs and Colorado economies will recover stronger and faster than the rest of the nation, economist Tatiana Bailey says. Colorado Springs has enjoyed a stronger recovery than most after state…