Stay ahead of market with Economic Report

Elsewhere in this issue of the Business Report you will find my monthly column detailing changes in the local economy, our economy’s connection to the state and national economies, and the relationship of local data to business decision-making in Northern Colorado. At the beginning of the month, NCBR included my quarterly article about growth in the region, chronicling monthly changes in the seven economic indicators I use to compile the Northern Colorado Index of Economic Growth.

But did you know that NCBR also produces a quarterly Economic Report that goes beyond the indicators and dives into more detail about the local economy?

In addition to a deeper analysis of my economic indicators, the Economic Report features in-depth discussions of  the local labor market by Martin Shields, Ph.D., economist for the Northern Colorado Economic Development Corp. and Colorado State University; and  Rhonda Corman, economist in the Department of Economics at the University of Northern Colorado who concentrates on the Weld County economy and research on economic and social issues being pursued by the University of Northern Colorado.

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The Economic Report also features a contribution from Steven P. Laposa, Ph.D., director of the Everitt Real Estate Center in CSU’s College of Business. Laposa cooperates with his colleagues to investigate, in detail, the local real estate market and the national real estate sector and how it is positioned within the financial and political environment on Wall Street and in Washington, D.C.

If you find the graphs included with my quarterly reports in NCBR useful, you will be delighted to know that the Economic Report includes extra graphs describing quarterly changes in all sectors of the local economy. They compare Larimer to Weld County, Northern Colorado to the state, absolute data to changes in the data, all categories of the aggregated data and so much more, using data since 2000. Commentary explains Why It’s Important!, How Are We Doing? and the Outlook for the next year.

Sectors covered in depth include:

• Employment

• Residential construction and sales

• Commercial construction and development

• Vacancy and rental rates

• Foreclosures

• Retail and restaurant sales

• New car sales

• Manufacturing, and

• the importance of each data set to the Northern Colorado economy.

Additional indicators, including the Consumer Price Index, Gross State Product and export numbers, help put it all into perspective.

The Economic Report also provides an in-depth analysis of the Colorado economy by eforecasting.com, including proprietary Leading Economic Indicators.

This data is not available in the public sector anywhere else in Colorado; you can get access through a subscription to the quarterly Northern Colorado Economic Report. Banks and real estate brokers, especially in this economy, can’t afford to be without this unique data and its expert interpretation.

If you’re involved in business or public planning in Northern Colorado, this Report contains focused information to keep you ahead of the changing market – and your competition. And it’s available for only $99 for four quarterly issues, published on CD.

To begin your subscription, contact NCBR Publisher Jeff Nuttall at 970-221-5400, ext. 201, or e-mail jnuttall@ncbr.com.

John W. Green is a regional economist who compiles the Northern Colorado Business Report’s Index of Leading Economic Indicators. He can be reached at jwgreen@frii.com.