The Great Recession was not kind to Coloradans in terms of employment and income.
On a positive note, Colorado’s Per Capita Personal Income (PCPI) increased between 2001 and 2011. The bad news is that it decreased sharply in 2009 and saw minimal gains in 2010 and 2011. Colorado’s 2011 PCPI is slightly below the value for 2008. Note: this data is not adjusted for inflation.
The news is less positive for Colorado’s Median Household Income (MHI). With the exception of 2007 and 2008, Colorado’s MHI, expressed in 2011 dollars, has trended downwards since 2000.
For more detailed analysis of the state of the economy compared to four years ago, visit https://cber.co or click here.
©Copyright 2011 by CBER.