Federal spending will decrease but the federal

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Unformatted text preview: lic education. • On a trade-weighted basis, the dollar’s decline will continue to benefit exports and slow growth of the trade deficit. • Federal spending will decrease, but the federal deficit will remain in excess of $1 trillion. • The November 2012 election will result in political gridlock for most of the year. • The foreclosure situation will continue to improve in Colorado. Housing prices will remain soft, which will hold back new residential construction, as well as labor mobility. • Colorado will remain a popular place to live, with projected population growth above 1.5%. • The state’s unemployment rate will improve faster than the nation’s. While the road to global economic recovery has many hurdles, Colorado remains positioned for strategic economic growth, leveraging economic diversity that ranges from natural resources to high-tech industry clusters. Targeted economic development will yield new companies and businesses in expansion that will drive employment growth looking forward. And Colorado’s unique quality of life will...
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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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