Comment on More signs emerging of an economic slowdown in Colorado, state forecasters warn

More signs emerging of an economic slowdown in Colorado, state forecasters warn

State economists are trimming their forecasts for economic growth and tax revenues after business spending and exports declined more than expected this summer. But they aren’t calling for a downturn yet, given the continued strength in hiring and consumer spending. “We are not forecasting a recession, but recession risks remain elevated,” Meredith Moon, an economist with the Colorado Legislative Council, (CLC) told members of the legislature’s Joint Budget Committee on Friday. Trade tensions and slower growth abroad are weighing on economic activity in the U.S.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News