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Unformatted text preview: tates maintains a net deficit on goods
and a net surplus on services. Despite the resurgence of the consumer, net exports remain somewhat in check, with slight growth expected in both
2011 and 2012. Part of the improvement in trade
imbalance is the increase in U.S. exports, helped by
currency fluctuations. Currencies will surely play a
role in U.S. exports in 2012, marked by a euro crisis,
pressure placed on China to de-peg from the dollar,
and other intentional inference, including devaluing the yen. Expect net exports to improve, from
-$415 billion in 2011 to -$408 billion, in 2012. < Residential investment was set back another 1.3%
in 2011, despite gains in multifamily housing.
Growth will resume in 2012, estimated at 15.1%.
7 2012 Colorado Business Economic Outlook Colorado Economic, Employment, and Population Outlook T COnSUMER PRICE InDEx,
CONSUMER PRICE INDEX,
U.S. AnD DEnvER-BOULDER-GREELEy
U.S. AND DENVER-BOULDER-GREELEY
(1982-1984=100) his section provides a brief historical perspective of key Colorado economic indicators,
highlighting Colorado’s output, income, population, employment, and inflation. State GDP and Income
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