BRD CBR

��ֱ�� Business Review, Issue 1, 2024

Anonymous — Tue, 23 Jan 2024 15:44:21 +0000

��ֱ�� Business Review, Issue 1, 2024 Anonymous (not verified) Tue, 01/23/2024 - 08:44

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Employment in ��ֱ�� is estimated to have increased 2.2%, or 64,500 jobs, in 2023 once data revisions take effect in March 2024, pushing the economy to new peaks. ��ֱ�� will sustain job growth in 2024 despite a slowing economy, increasing another 41,900 (1.4%). Of the 11 industry groups in the state, seven are projected to add jobs in 2024; the exceptions are Construction, Manufacturing, Information, and Financial Activities, which are navigating the accentuated ill effects of rising interest rates and other economic headwinds. In 2024, Professional and Business Services is projected to add the most jobs, while the fastest pace of jobs growth (percentage terms) is projected in Natural Resources and Mining.

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��ֱ�� Business Review, Issue 2, 2023

Anonymous — Tue, 15 Aug 2023 14:56:35 +0000

��ֱ�� Business Review, Issue 2, 2023 Anonymous (not verified) Tue, 08/15/2023 - 08:56

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While the country is signaling resilience, ��ֱ��’s economy is sending mixed signals. The state continues to outperform in terms of GDP growth and labor force participation, but appears a little more average in terms of population and income growth, and is lagging in job and home price growth. We present the midyear review of the ��ֱ�� economy, evaluating the observed data halfway through 2023 and updating our expectations for the remainder of the year.

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��ֱ�� Business Review, Issue 1, 2023

Anonymous — Fri, 27 Jan 2023 16:27:37 +0000

��ֱ�� Business Review, Issue 1, 2023 Anonymous (not verified) Fri, 01/27/2023 - 09:27

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With arguably the worst of the pandemic in the rearview mirror, consumers and businesses have moved on to new economic crises—lingering supply-chain shortages, rapid inflation and rising interest rates. We present the midyear review of the ��ֱ�� economy, evaluating the observed data halfway through 2022 and updating our expectations for the remainder of the year.

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Report: ��ֱ�� Continues to Outperform National Economy, Though Strong Headwinds Persist

Anonymous — Tue, 15 Nov 2022 07:00:00 +0000

Report: ��ֱ�� Continues to Outperform National Economy, Though Strong Headwinds Persist Anonymous (not verified) Tue, 11/15/2022 - 00:00

The state remains a leader on employment, but recovery remains uneven. 

Like so much else in this uneven economic recovery, the latest report from Leeds’ Business Research Division and the ��ֱ�� secretary of state’s office is a case of stepping sideways, as opposed to forward or back.

For instance, when it comes to business formations, ��ֱ�� saw an increase in new entities year over year and, notably, quarter over quarter—a rarity, given that third-quarter filings tend to trail second-quarter activity. But delinquencies and dissolutions also rose, showing signs of underlying strain.

MORE: Download full report

More insights

Leeds and the Business Research Division will offer their annual economic preview next month at the Business Economic Outlook Forum, Dec. 5 at the Grand Hyatt Denver. It’s free to attend, but registration is required.
Full preview >>

“��ֱ�� has had a strong recovery from the pandemic recession, especially when it comes to employment,” said Brian Lewandowski, BRD executive director. “But we are eyeing some economic headwinds that could produce slower growth in early 2023.”

The Quarterly Business and Economic Indicators report from BRD and ��ֱ�� looks at business filings alongside employment and GDP activity. As of August, the United States fully recouped its pandemic-related job losses—but only 23 states are above pre-recession levels. Of those, ��ֱ�� has had the 11th-best employment recovery, and is 2.2 percent above its pre-recession peak.

Some highlights from the third-quarter report:

• Nationally, employment growth (3.8 million jobs through the first nine months of the year) has been strong, but corresponding wage increases have been blunted by high inflation.

• U.S. real GDP grew 2.6 percent in the third quarter, a turnaround from two consecutive quarters of decline. However, a look under the hood shows slowing consumption, investment declining and government spending up. The improvement was mostly powered by exports.

• Year over year, ��ֱ��’s real GDP growth was the seventh-best in the nation—but still declined between the first and second quarter.

• The state is a leader in employment gains and recovery, but three of its 11 industries remain below pre-pandemic peaks.

The pattern of “good news, but” is clearly being felt in the state’s business community, as evidenced in the most recent Leeds Business Confidence Index, which hit deeply negative territory over concerns such as inflation, supply chains, worker shortages and interest rates. The LBCI, which is issued every quarter, captures ��ֱ�� business leaders’ three- and six-month outlooks on the national and state economies, industry sales, profits, hiring plans, and capital expenditures.

“The best you can say about the last confidence index is that it appears we may have hit bottom,” Lewandowski said. “But the headwinds facing the U.S. and state economies are nothing if not persistent.”

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��ֱ�� Business Review, Issue 2, 2022

Anonymous — Thu, 14 Jul 2022 19:15:15 +0000

��ֱ�� Business Review, Issue 2, 2022 Anonymous (not verified) Thu, 07/14/2022 - 13:15

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��ֱ�� Business Review, Issue 1, 2022

Anonymous — Wed, 19 Jan 2022 21:44:17 +0000

��ֱ�� Business Review, Issue 1, 2022 Anonymous (not verified) Wed, 01/19/2022 - 14:44

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This issue highlights the 57th annual ��ֱ�� Business Economic Outlook Forum, held December 6, 2021. The ��ֱ�� economy was in recovery mode in 2021, with GDP recouping losses from the recession and job gains recorded in most employment sectors. Jobs gains are projected in every industry in 2022, propelling ��ֱ�� to new, record employment levels.

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��ֱ�� Business Review, Issue 4, 2021

Anonymous — Tue, 09 Nov 2021 16:52:33 +0000

��ֱ�� Business Review, Issue 4, 2021 Anonymous (not verified) Tue, 11/09/2021 - 09:52

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Uncertainty is abound in the international trade landscape. As the U.S. and ��ֱ�� economies continue their recoveries, the breakdown of the global supply chain, rising prices, and the continued presence of COVID-19 remain headwinds against a return to normalcy. This publication of the ��ֱ�� Business Review discusses these concerns with articles written by business and education leaders. The issue describes the unequal distribution of COVID-19 vaccines around the globe, the expansion of export potential in the ��ֱ�� economy, the importance of free-trade agreements to growth and certainty in the economy, as well as the size and scope of ��ֱ�� international trade.

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��ֱ�� Business Review, Issue 3, 2021

Anonymous — Wed, 25 Aug 2021 15:22:34 +0000

��ֱ�� Business Review, Issue 3, 2021 Anonymous (not verified) Wed, 08/25/2021 - 09:22

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Coming out of the shortest recession on record, the U.S. and ��ֱ�� economies are well on the road to recovery; however, uncertainties remain, ranging from prices and supply chains to human behavior and the virus itself. The Delta variant is wreaking havoc in some parts of the country just as workers are headed back to the office and students are gearing up for the fall term. We present the midyear review of the ��ֱ�� economy in this issue of the ��ֱ�� Business Review, where we evaluate the observed data halfway through 2021 and update our expectations for the remainder of the year.

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��ֱ�� Business Review, Issue 2, 2021

Anonymous — Thu, 01 Apr 2021 23:24:29 +0000

��ֱ�� Business Review, Issue 2, 2021 Anonymous (not verified) Thu, 04/01/2021 - 17:24

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Download the Aerospace Ecosystem Poster

The aerospace industry is an economic driver in the state of ��ֱ��, employing thousands of workers, performing research that leads to scientific and commercial discoveries, and providing technological solutions that impact our everyday lives. This issue of the ��ֱ�� Business Review focuses on the aerospace industry with articles written by business and education leaders. The publication describes the expertise of some of ��ֱ��’s leading aerospace companies; the focus of some of the key educational programs in the state; and the nexus between government, the universities, and the private sector.

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��ֱ�� Business Review, Issue 1, 2021

Anonymous — Wed, 13 Jan 2021 01:55:13 +0000

��ֱ�� Business Review, Issue 1, 2021 Anonymous (not verified) Tue, 01/12/2021 - 18:55

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This issue highlights the 56th annual ��ֱ�� Business Economic Outlook Forum, held virtually December 7-11, 2020. Last year proved to have devastating economic impacts, with some industries and communities more severely impacted than others. Modest employment growth is projected in 2021 with job gains expected in nearly every sector.

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BRD CBR

����ֱ�� Business Review, Issue 1, 2024

����ֱ�� Business Review, Issue 2, 2023

����ֱ�� Business Review, Issue 1, 2023

Report: ����ֱ�� Continues to Outperform National Economy, Though Strong Headwinds Persist

����ֱ�� Business Review, Issue 2, 2022

����ֱ�� Business Review, Issue 1, 2022

����ֱ�� Business Review, Issue 4, 2021

����ֱ�� Business Review, Issue 3, 2021

����ֱ�� Business Review, Issue 2, 2021

����ֱ�� Business Review, Issue 1, 2021

��ֱ�� Business Review, Issue 1, 2024

��ֱ�� Business Review, Issue 2, 2023

��ֱ�� Business Review, Issue 1, 2023

Report: ��ֱ�� Continues to Outperform National Economy, Though Strong Headwinds Persist

��ֱ�� Business Review, Issue 2, 2022

��ֱ�� Business Review, Issue 1, 2022

��ֱ�� Business Review, Issue 4, 2021

��ֱ�� Business Review, Issue 3, 2021

��ֱ�� Business Review, Issue 2, 2021

��ֱ�� Business Review, Issue 1, 2021