The Leeds School of Business at the University of Colorado Boulder released the 51st annual Colorado Business Economic Outlook on Dec. 7th.
The Outlook is the longest-running sector-level forecast of the Colorado Economy. The Outlook forecasts continuing, but slowing, growth with a gain of 65,100 jobs, and increase of 2.6%. The overall population is projected to increase to over 5.54 million with 62,100 more people coming into the state than leaving in 2016. The unemployment rate, which averaged 4.2% this year is expected to drop to 3.8%.
The full report, which includes sector-specific discussions in areas relevant to Eagle County’s economy, including Leisure and Hospitality, Real Estate, Construction, and Education and Health Services are available from the Leeds School of Business.