Colorado’s Quarterly Economic & Budget Forecasts Released

The Colorado Legislative Council and the Governor’s Office of State Planning and Budgeting recently issued their quarterly revenue forecasts.  The state’s economy continues to show momentum, indicating its resilience in the face of slow global growth and volatility in the financial markets. Recent economic indicators are mostly positive, such as declining initial claims for unemployment insurance and solid small business employment growth.  However, slowing in the energy sector (particularly oil and gas) is impacting both the national and state economies.

Governor’s Office of State Planning & Budgeting  Economic & Budget Forecast

 Colorado Legislative Council’s September Economic & Revenue Forecast