The Vectra Bank Colorado Small Business Index for Colorado measured 114.3 in October 2011, down from a revised 114.8 in September 2011
Colorado’s unemployment rate was estimated at 8.3% in the latest month, down from the prior month’s 8.5% rate. Total employment grew by 23,100 jobs during the past 12 months
Improving U.S. economic performance in 2011’s third quarter, should it continue, would provide a stronger foundation for growth within Colorado’s small business sector. “Any improvement in what has been to date meager U.S. economic growth would pay dividends for Colorado's small business sector,” says Jeff Thredgold, corporate economist for Vectra Bank Colorado.
Good to see things getting better, but unemployment is still too high. And after checking out the Davita, Gaylord Stock Show, and Arrow deals, is Colorado paying too much to big companies for jobs?
Thomas Sowell: There are no solutions, just trade-offs.
