August 1, 1998

Asian crisis ripples through Northern Colorado economy

Elections will pass, but challenges await in 1999

Twelve years ago, Colorado elected Roy Romer governor. Since then, Colorado has enjoyed steady expansion of our economic health.
While some would credit Romer˜s leadership, most would agree that overall economic health of the world and U.S. economies have placed Colorado in this expansive position.
Many of our current neighbors in Northern Colorado are new to the area and don˜t recall Colorado˜s pre-Romer days. Because of the oil-and-gas downturn in the early ˜80s, the Colorado economy was in severe straits.
Residential and commercial real estate holdings were depressed. In fact, many new high-rises…

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