Colorado economy update

The latest release from the Bureau of Labor Statistics shows Colorado has an unemployment rate of 2.9%, down from 3.0% in March. This compares to 3.9% for the U.S.

The state is on track to add 67,900 jobs in 2018. In addition, the Bureau of Economic Analysis released data showing that Colorado’s real GDP for 2017 grew at a faster pace than the U.S., 3.6% vs. 2.1%. Additional data shows that both the U.S. and Colorado economies are on solid footing, for the time being.

For more details check out the Review of Colorado Economy – Update Through April 2018. In addition, the 2018 forecast can be accessed by clicking here.

information via Gary Horvath