Economy receives thumbs up for 1998

Economy receives thumbs up for 1998

Christopher Wood

Business Report Editor

The Northern Front Range’s economy should post positive gains during 1998, with some warning signs in real estate, banking and health care.
International monetary crises, too, could damage the U.S. economy, experts say, possibly filtering down to the Northern Front Range. One economist even predicts a national recession before the year 2000.
But with retail sales continuing to boom, residential sales and home building still strong and a continuing explosion of commercial and industrial development, it would take a national or international calamity to dampen the economy of this region. And it…