109 2012 colorado business economic outlook around

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Unformatted text preview: continue to attract skilled labor, entrepreneurs, and thought leaders that will help give the state a competitive advantage in an evermore competitive landscape. < 109 2012 Colorado Business Economic Outlook Around the Region A long with Colorado, the neighboring states of Arizona, Kansas, Montana, Nebraska, New Mexico, Utah, and Wyoming, make up the western region. This section compares economic activity in 2010 as measured by total employment, employment growth, unemployment rate, average annual pay, and GDP in these states and in some of their top metropolitan statistical areas (MSAs). The recent recession caused every state in the region to suffer employment losses that nearly overwhelmed the gains from 2001-2010. Montana, Wyoming, and Utah had annual growth rates in excess of 1%, while Arizona, Nebraska, and New Mexico gained less than 1% annually. Colorado’s annual growth was flat, and Kansas recorded a net loss of jobs. Regarding MSAs, Grand Junction and Greeley experienced the most robust annual growth, 1.5% and 1.1%...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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