The Western Blue Chip Consensus Forecasts changed very little from last month. Summit Economic’s forecast is slightly lower than other forecasters, more consistent with the Colorado Legislative Council and the Governor’s Office of State Planning and Budget.
Consensus forecasts for Colorado in 2011 are shown to outperform most other western states in population growth, underperform in forecasted change in building permits, and be in the middle of the pack for personal income and employment growth.
The best news – all states are forecasting job growth next year, with the exception of Nevada. But then again, these are forecasts. (For the complete forecast Click Here)