Wednesday, January 30, 2013

Colorado Major Trends in 2013

Colorado enters 2013 in a very good position, but the major trends influencing it will provide challenges.

The state is in a steady, if slow, recovery, and is below the national average for unemployment. Housing sales and prices have increased and local and state tax revenue are growing from the uptick in sales and income. Colorado also continues to attract new residents.

Colorado’s role as a battleground in the presidential election was a top news story, reinforcing the state’s reputation as a center of political involvement with a reasonably balanced, if sometimes unpredictable, political culture. But, Colorado faces challenges. Some are perennials, like population growth, but others, such as the oil and gas boom, are new.

Colorado citizens are fortunate. They live in a beautiful state with a strong and diverse economy and a better than average government. But, the task of 2013 will be to develop creative solutions to meet the challenges.

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