Biz leaders confidence up as recession fears wane

BOULDER — Colorado business leaders are feeling more optimistic about the economy and less worried about an impending recession, a recent University of Colorado survey shows. 

The Leeds Business Confidence Index for the first quarter of 2024 was up nearly two points from the last period of 2023 and reflects the most optimism since 2022. 

The index figure heading into the first quarter was 45.3. An LBCI score — which is based on impressions of the state economy, national economy, industry sales, industry profits, industry hiring and capital expenditures — of 50 is neutral. 

“Optimism for the state economy continues to increase, reaching…