It has been two years since the recession ended and the recovery began (June 2009). But, like the county at large, the Denver metro retail economy, as measured by sales tax revenue, stalled in May. After consistent 5 percent to 7 percent increases for more than a year, May registered a decrease of half a percent (.41%) from May 2010.
The timing may help motivate Washington to get a budget deal. It should motivate Denver to think more aggressive about job and retail sales growth and find a winning solution for the National Western Stock Show.
No comments:
Post a Comment