County?s economy expected to remain stagnant rest of year

Previous forecasts that the Boulder County, Colorado, and U.S. economies would begin to turn around have not materialized.

The economy at all levels is forecast to remain stagnant at least through the third quarter. After moving upward slightly in the second quarter, the national Leading Economic Indicator (LEI) for August dropped to 111.8, the same level it was in January. This lack of growth in the past eight months indicates that the national economy is not expected to show substantial growth in the months ahead.

At the local level, the Boulder County LEI increased slightly from 109.5 to 110.2, which…