Colorado economy facing headwinds in coming years

Colorado economy facing headwinds in coming years    

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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.”

 

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