cber.co Colorado Economic Forecast

2018 Colorado Economic Forecast is here!

To get all the details, click here for a copy of the 2018 cber.co Colorado Economic Forecast.

For an overview of the 2018 cber.co Colorado Economic Forecast, click here.

  • Global real GDP will increase by 3.0% in 2018.
  • U.S. real GDP will be 2.3% to 2.7%.
  • The U.S. will add 1.9 to 2.1 million workers.
  • Colorado will add 51,400 to 57,400 workers, job growth will be 1.9% to 2.1%
  • Job growth will be driven by Health Care; Construction; Professional, Scientific, and Technical Services; Accommodations and Food Services, and Retail Trade.

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The cber.co 2017 Colorado Economic Forecast provided three scenarios for economic growth this year. Highlights from the most likely scenario follow:
• Global real GDP growth will increase by 2.9% in 2017.
• 2017 U.S. real GDP growth will be in the range of 2.1% to 2.5%.
• There were be an increase of 1.9 to 2.1 million U.S. employees in 2017 – down from about 2.5 million in 2016.
• In 2017 Colorado will see job growth in the range of 57,000 to 63,000 workers (2.2% to 2.4% growth).
• Growth will be broad based and driven by the Health Care,  Accommodations and Food Services, and Construction.

Click here for a copy of the 2017 cber.co Colorado Economic Forecast.

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The cber.co 2016 Colorado Economic Forecast provided three scenarios for economic growth this year. Highlights from the most likely scenario follow:
• Global real GDP growth will increase from 2.5% in 2015 to 2.8% in 2016.
• 2016 U.S. real GDP growth will be in the range of 2.3% to 2.7%, about the same as 2015.
• There were be an increase of 2.7 million U.S. employees in 2016 – down from about 3.0 million in 2015.
• In 2016 Colorado will see job growth in the range of 67,000 to 73,000 workers (2.7% to 2.9% growth).
• Growth will be broad based and driven by the Health Care, Construction, and Accommodations and Food Services.

Click here for a copy of the 2016 cber.co Colorado Economic Forecast.

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The cber.co 2015 Colorado Economic Forecast provided three scenarios for economic growth this year.  Highlights from the most likely scenario follow:

  • Real Global GDP growth will increase from 3.2% in 2014 to 3.4% in 2015.
  • U.S. Real GDP growth will be in the range of 2.5% to 2.9% for 2015.
  • There were be an increase of at least 2.6 million U.S. employees in 2015.
  • In 2014 Colorado will see job growth in the range of 73,000 to 79,000 workers (3.0% to 3.2% growth).
  • Growth will be broad based driven by the Construction; Health Care; Accommodations and Food Services;  Professional, Scientific, and Technical Services, and Retail Trade Sectors.

Click here for a copy of the 2015 cber.co Colorado Economic Forecast.

Click here for a copy of the recalibrated 2015 cber.co Colorado Economic Forecast. The original forecast was updated to account for significant benchmark revisions to the 2014 Colorado employment data.

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The cber.co 2014 Colorado Economic Forecast provided three scenarios for economic growth this year.  The most likely scenario foretells the following:

•U.S. Real GDP 2.3% to 2.7%.
•The U.S. will add at least 2.3 million workers.
•Colorado will account for 3.0% of U.S. jobs added.
•Colorado will add 68,000 to 74,000 workers.

In 2014, the leading sectors for growth will be:

  • Construction
  • Professional, Scientific, and Technical Services
  • Accommodations and Food Services
  • Retail

The Federal Government will be the only sector to shed jobs in 2014.

Originally, Healthcare was listed as a leading sector. In March 2014, the size of the healthcare sector was diminished as several private sector organizations were purchased by state organizations. As a result, the 2014 cber.co projections for healthcare job growth will be less than anticipated.

Click here for a copy of the 2014 cber.co Colorado  Economic Forecast.