Colorado economic update
Economists are generally optimistic about the outlook for steady growth of the United States and Colorado economies in 2025. A few of the things to look for this year follow.
- There will be bumps in the road, but steady is the word that will describe economic performance.
- The labor market will continue to be resilient.
- Consumers will continue to support the economy, but there will not be lavish spending.
- Inflation will be less of a problem than in the past, but high prices caused by accumulated inflation will be a problem for some.
- The performance of the stock market is a wildcard. It will probably work out for most people.
- Travel through DIA and COS will continue to increase.
- Oil production will show steady growth.
For details, the 2025 outlook can be found at the following link