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Unformatted text preview: large projects will provide some
offset in 2012. These multiyear projects are Colorado Springs Utilities’ ongoing Southern Delivery
System ($550 million from 2010 to 2016), Metro
Wastewater Reclamation District’s $473 million Northern Treatment Plant, the $426 million
Northern Integrated Supply project, and Denver
Water’s $120 million in rehabilitation projects. The large employment decline during the recession and slow recovery years was probably understated, because some “informal” labor that is
generally underreported also declined. At this
point, many subcontractors are surviving without
employees, and are now self-employed contractors
“working out of the backs of their trucks.” Without reporting for these workers, the current level
of available Construction employment is now
underreported. < 33 2012 Colorado Business Economic Outlook Manufacturing A ccording to the latest Institute for Supply
Management’s Manufacturing Report on
Business, U.S. economic activity in the Manufacturing Sector expanded in September 2011 for
the 26th-consecutive month. Of the component
indices, the production em...
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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.
- Spring '13
- The Lottery