On The Economy: Local economy slowing but still robust

The Northern Colorado Business Report Index of Leading Economic Indicators fell into negative territory in September in response to the tragic events in New York City and Washington D.C. Revised statistics may later lessen the severity of this fall, but economic growth definitely slowed in Northern Colorado as a result of these tragic events. Growth rebounded into positive territory in October and November looks positive but weak. However, Christmas retail sales slowed after Thanksgiving Friday and I do not expect December to match last year’s retail sales, which were very strong.

The Northern Colorado economy has had 12 negative growth months…