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Posted: 2:07 PM Mar 19, 2010
Colorado revenue forecast improving
Colorado's economy is slowly recovering from the great recession, but it may take years to fully recover.
Reporter: Associated Press Email Address: tips@nbc11news.com |
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DENVER (AP) - Colorado's economy is slowly recovering from the great recession, but it may take years to fully recover.
That's the assessment from state budget forecasters, who released their latest revenue forecasts on Friday.
Forecasters say weak real estate markets, high debt levels, bank failures and tight credit will limit economic growth over the next few years.
(COPYRIGHT 2010 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)
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