Colorado economy facing headwinds in coming years

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.”


read full article here