Colorado Economy Outperforming the Rest of the Nation
November 4, 2008 by Bob Schenkenberger · Leave a Comment
Some good news from the State of Colorado Department of Treasury!
Cary Kennedy, State Treasurer
Eric S. Rothaus, Deputy Treasurer
………………………………..
Treasury Notes, October 2008
We all have been watching closely as our nation’s credit markets have experienced extreme stress in recent months. The collapse of some of our nation’s largest and longest-standing financial institutions has caused a crisis of confidence – and liquidity – in the global financial system. It is not yet clear how long these challenges will last or how broadly the impacts will be felt.
The good news is that Colorado’s economy is outperforming the rest of the nation. However, poor real estate and credit conditions continue to slow our state’s economy.
Colorado Ranking vs. The Rest of the Country
| Colorado | US | Rank | |
|---|---|---|---|
| Job Growth | 1.7% | .3% | 5th |
| Income Growth | 6.5% | 4.8% | 9th |
| Housing Permits | -44.2% | -40.6% | 40th |
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Bob has been an active REALTOR for 18 years. During this time, he has closed over 500 transactions, and has been the broker of record for 1000's more. Bob can be reached via email (bob@gethomedenver.com) or phone (303.770.1180.)
