June 30, 2011

Region’s growth rate turns positive, barely

‘The Northern Colorado Business Report Annual Monthly Growth Rate was barely positive in April, the first month since January that it was positive. The first four months of 2011 have generally been weaker than the same period in 2010, indicating that growth from the 2008-09 recession is slowing.

The Index of Economic Growth for Northern Colorado has been bouncing around the 200 level since 2008, setting a base roughly twice the 1991 base on which the Index is calculated. That means we will start our economic expansion with an economy that is roughly double the size of our…

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