January 1, 1998

The hazards of economic forecasts

By

EDITOR’S NOTEBOOK

Heads or tails?
You might as well flip a coin when it comes to predicting the performance of the region˜s economy. One economist, Dr. Sung Won Sohn of Norwest Banks, predicted in Fort Collins in October that the nation would enter a recession before the year 2000 and that its repercussions will most assuredly be felt right here in Northern Colorado and Southern Wyoming.
A few weeks later, Dr. Stephen Happel, an economist with the University of Arizona brought to Fort Collins by First National Bank, predicted that the current national economic boom will last for at least another…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Columns Guest Opinion
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