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Colorado forecast projects continued growth and higher state revenue
Colorado's economy is expected to grow through 2026 with higher state revenue and a smaller gap to the TABOR spending cap, despite inflation and market risks.
US jobless claims dip slightly as fed holds interest rates steady
US weekly jobless claims fell slightly but stayed elevated due to seasonal factors, while the labor market remains stable amid inflation concerns.
US producer inflation posts largest annual gain in 3-1/2 years amid energy surge
U.S. producer prices rose 6.5% annually in May, the largest gain in 3-1/2 years, driven by surging energy costs amid Middle East tensions.
US consumer inflation rises above 4% amid Iran conflict energy surge
U.S. consumer inflation rose 4.2% in May, driven by energy price spikes linked to the Iran conflict, pressuring households and influencing Fed policy.
Small business optimism declines as hiring plans weaken
The National Federation of Independent Business reports a decline in small business optimism and hiring plans in Denver amid rising costs and inflation concerns.
US services sector expands in May amid rising supply costs
U.S. services sector activity grew in May with rising prices driven by supply constraints linked to the Middle East conflict, impacting inflation and inventories.
Fed survey shows inflation pressures squeeze US consumers and businesses
Federal Reserve reports inflation pressures driven by energy costs are squeezing US consumers and businesses, impacting spending and hiring.
US job openings rise sharply in April despite weak hiring amid Iran war uncertainty
U.S. job openings surged by 731,000 in April, reaching the highest level since May, while hiring declined amid economic uncertainty from the Iran war.
US manufacturing activity hits four-year high amid supply constraints
U.S. manufacturing activity reached its highest level in four years in May, driven by front-loaded orders amid rising prices and supply chain disruptions linked to the Iran conflict.
US first-quarter GDP growth revised down to 1.6% amid inflation concerns
U.S. first-quarter GDP growth was revised down to a 1.6% annualized rate, reflecting weaker consumer spending and inventory investment amid inflation pressures.
US weekly jobless claims rise slightly amid low layoffs
Us weekly jobless claims rose marginally to 215,000 despite low layoffs, reflecting steady labor market conditions amid inflation and geopolitical tensions.
US mortgage rate hits nine-month high amid inflation and supply issues
The average 30-year fixed mortgage rate in the U.S. rose to 6.65%, the highest in nine months, driven by inflation and limited housing supply.
