Colorado Recovery From Recession Includes Good and Bad News
Colorado has more jobs than ever before, but recovery from the Great Recession continues to elude some areas of the state. Those are some of the findings included in a recent report from Colorado State University’s Regional Economics Institute (REI). The report notes the economy in the northern Front Range has seen the most job activity, while the Colorado Springs and Grand Junction areas continue to lag.
“Although the state economy overall has performed better than the nation since the end of the recession, many Colorado communities, businesses and individuals are still struggling with the aftermath,” said Martin Shields, who directs REI and is a professor of economics in CSU’s College of Liberal Arts. “The varied economic progress across Colorado shows the diversity of the state's economy. Yet it also highlights the need for more geographically targeted economic development policy. What works in one region will not necessarily work elsewhere.”