March 9, 2012

What’ll it take to speed up economic growth

We’ve asserted in recent columns that the U.S., the state and the Northern Colorado economies are growing, although not very rapidly. Let’s look at some of the actors and the indexes affecting and measuring these economies and see what must change before these economies can grow in a quicker, healthier manner. We’ll focus on the U.S., Colorado and local economies, in that order.

U.S. Gross Domestic Product has expanded at an average of 2.4 percent per quarter since the recession ended in 2009. This is the weakest post-recession growth rate since at least the 1940s. After the early 1980s double-dip, supply-side…

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