Longmont’s economic fundamentals are sound but headwinds persist
LONGMONT — Longmont, like most cities across the Boulder Valley and Northern Colorado, has bounced back admirably from the COVID-19 era economic slowdown, but headwinds such as affordability and labor force issues are poised to persist into 2023 and beyond.
“I feel pretty confident in saying we’ve recovered,” Longmont Economic Development Partnership interim CEO Stephanie Pitts-Noggle said Tuesday at the group’s annual Advance Longmont Economic Summit.
In 2022, Longmont’s gross regional product, a local measure of economic output, was about $8.7 billion, up nearly 8% year over year, according to LEDP data. The city experienced 7.7% employment growth during the decade between…
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