Colorado Business Economic Outlook 2013
The Colorado Business Economic Outlook is the longest-running forecast of the Colorado economy. Initially presented at an event in Denver in early December, the forecast analyzes changes that have taken place in industry sectors during the past year and looks at the events and activities that will shape changes in population and employment, and in the overall economy for the coming year.
The forty-eighth annual Colorado Business Economic Outlook Forum was held December 3 at the Denver Marriott City Center.
Job growth accelerated in Colorado in 2012, with the state adding 47,900 jobs, a gain of 2.1%. This leaves the state with a jobs deficit of 2.3% from the April 2009 peak employment. The consensus of the 2013 estimating committees is that employ- ment growth will continue in 2013, with the state adding another 42,100 new jobs, leaving the jobs deficit at 0.6%.
Over the past 10 years, goods-producing industries lost a net 59,300 jobs, while services-producing industry gained 180,500 jobs. Both goods- and services-producing sectors are anticipated to add workers in 2013.
Breakout Session Presentations
The Global Scramble for Minerals and Energy
Vincent Matthews, Colorado Geological Survey:
The Global Scramble for Minerals and Energy—Its Impact on Colorado
Small Business Financing in the 2013 Economy
Mark Abell, Vectra Bank of Colorado
SBA—Small Business Financing in the 2013 Economy
Don Childears, The Colorado Bankers Association
Changes in Lenders’ Regulatory Environment & How Help/Hinder Small Business
Alex Dempster, Colorado Housing and Finance Authority
Small Business Financing
Economic Uncertainty in the Denver Real Estate Market
Terrance Hunt, Apartment Realty Advisors
MileHighlights, Apartment Market
Paul B. Kluck, CBRE
Industrial Economic Outlook 2012
David O. Larson, Legend Retail Group, LLC
Retail Dynamics, Macro Level
Peter Niederman, Kentwood Real Estate
Greater Metropolitan Denver, Residential
Nicholas J. Pavlakovich, Cushman & Wakefield
Denver Investment Market