Economic Forecasts

This section includes economic forecasts by cber.co and other state organizations. It also includes information that addresses forecast accuracy.

cber.co Colorado 2016 Economic Forecast

The cber.co  forecast portends that in 2016 U.S. Real GDP will expand in the range of 2.3% to 2.7% and Colorado will add 67,000 to 73,000 workers.

For details go to the cber.co forecast tab

Other Economic Forecasts

The Colorado Legislative Council (CLC) and the Governor’s Office of State Planning and Budgeting (OSPB) provide economic updates/forecasts four times a year.

For more information go to the Other Economic Forecasts tab.

Economic Forecast Accuracy

Good economists will evaluate the accuracy of their forecast as means for improving its accuracy.  For a variety of reasons, most economists present jobs forecasts that understate what is actually happening.

To learn more go to the Forecast Accuracy tab.

 

Tracking the Colorado economy is like skiing. At times the skiing is good. Other times it is tenuous or too fast. Sometimes you crash or go backwards. In time you get headed in the right direction again.