Tag: Economy
-
Perspective: Colorado’s declining competitiveness
Colorado’s economy remains larger, wealthier, and more productive than most states, but that shouldn’t obscure the truth that Colorado’s competitive edge is slipping. For much of the 2010s, Colorado enjoyed an enviable economic cycle. Young, educated workers flooded into the state from elsewhere in the country. Businesses followed the labor force and drove Colorado to the top of national rankings for economic verve. In the 2020s,…
-
‘Expect 2027 revenue to remain flat,’ finance officials warn Denver budget planners
Denver expects little to no revenue growth through 2027. And “flat” growth is a “best-case scenario,” city finance experts told members of the Denver City Council’s Budget and Finance Committee, as preliminary efforts to organize and establish guidance for the 2027 budget planning process kicked off Tuesday. The city anticipates 2027 revenue to remain around…
-
Colorado farmers begin spring planting season with soaring fertilizer costs and price-gouging fears
—
by
As Colorado farmers prepare their fields for spring planting, many are sounding the alarm over fertilizer prices that have surged far beyond what they say global supply disruptions can explain. With nitrogen costs up 30% in a matter of days, growers and lawmakers are questioning whether the industry is using geopolitical conflict as cover for…
-
Democrats want to bar use of consumer data to set Colorado prices, employee wages
A closely divided House committee advanced a bill aimed at curbing the use of personal data to set individualized prices and wages, reviving a proposal that failed last year and setting up a broader debate over how far the state should go in regulating algorithm-driven business practices. Proponents argued that the proposed new regulations are…
-
Proposal to levy new fees on alcohol products in Colorado dies
The proposal to collect millions in new fees on alcohol products — dollars to be earmarked for Colorado programs aimed at addressing the behavioral and physical health effects of alcohol abuse — died on Tuesday. House Bill 1271 sought to create three separate “enterprises” and establish fees of $0.05 per gallon of beer and cider,…
-
Colorado Democrats pass union fee bill, even after Polis signals another veto
The Colorado House on Monday advanced along party lines legislation repealing a longstanding labor law governing a requirement before a unionized workplace can collect fees on all workers, regardless of whether they are union members. The House voted, 42-22, to send the proposal to repeal that second election requirement under the state’s current laws to…
-
Colorado Rapids announce downtown Denver soccer experience this summer
Downtown Denver visitors have an opportunity to play, watch and celebrate soccer this summer. The Colorado Rapids are teaming up with the Downtown Denver Partnership to create an “immersive fan zone experience” focused on connecting the local soccer community with the global sport in conjunction with the World Cup happening this year, according to a news release.…
-
Union dues proposal clears first hurdle, but its fate is murky at Colorado Capitol
A proposal to repeal a key requirement of a nearly century-old labor law has cleared its first committee hearing, but its fate remains uncertain, particularly since Gov. Jared Polis vetoed a similar proposal last year and he indicated this year he intends to do so again, unless businesses and unions can secure an agreement. Still,…
-
Colorado Democrats introduce bills on pricing, data privacy
Democratic lawmakers have introduced a trio of bills dealing with data privacy and the retail and wholesale prices of goods. Sponsors said the bills would help Colorado consumers and small businesses tackle affordability woes. They are among a slew of proposals that seek to add requirements on companies, even as business leaders have asked legislators…
-
Wall Street in a holding pattern as a wild 2025 winds down
Wall Street is largely unchanged early Tuesday as trading for 2025 nudges closer to the finish line. Gold, silver and copper all resumed their ascent after steep declines Monday. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq were all down less than 0.1% before the bell. Gold futures gained 1.7% early Tuesday…