Wednesday, October 01, 2008

Colorado Governor's 3rd Quarter Economic and Revenue Forecast

Colorado's Governor has just released his Third Quarter Economic and Revenue Forecast.

Here are highlights from the Economic Forecast:

"Although certain parts of the State remain distressed by foreclosures, the current state of the residential real estate market is substantially stronger in Colorado than the rest of the country. According to the Standard & Poors / Case-Shiller index, Denver's real estate market is one of the strongest of any major metropolitan area of the country. In addition, real estate continues to be strong on the Western Slope in response to the continuing influx of oil and gas workers.

Colorado's economic indices continue to demonstrate that the State is comparatively experiencing lower unemployment, greater job growth, and slower inflation than the nation is overall."

For the complete 3Q Economic and Revenue Forecast...

From the OFFICE OF GOV. BILL RITTER, JR.

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