Colorado economy facing headwinds in coming years
Colorado’s economy will continue to slow this year and next before ramping up again in 2018, according to a quarterly economic update from the Colorado Legislative Council released Monday.
Weakening exports, soft commodity prices, high housing costs and a tight labor market will continue to weigh on economic growth in Colorado, but they are unlikely to derail it.
“Our forecast calls for a modest rate of expansion through 2017,” said Natalie Mullis, chief economist at the council. “The risks of recession are rising.”