Economy & Economic Development  January 23, 2020

NoCo economy: Slower growth, no recession

Rich Wobbekind, economist from the University of Colorado Boulder, addresses the Northern Colorado Economic Forecast event Wednesday in Greeley. Chad Collins/BizWest
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GREELEY — Economic prognosticators expect 2020 to be a year of continued growth in the Northern Colorado economy, although growth won’t be as rapid as has been the case in recent years.

The bottom line: No recession on the horizon.

“It is difficult to see how we could go into a recession in the near term with the income growth and employment growth that we’re seeing,” said Rich Wobbekind, economist and associate dean at the University of Colorado Boulder Leeds School of Business.

And at CBRE, the commercial real estate firm, “We do not have…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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