Posts tagged business
CU report: Colorado economy to stay warm next year
Dec 11th
-CU-
CU: Colorado economy heating up next year
Dec 11th
The comprehensive outlook report for 2014 features forecasts and trends for 13 business sectors prepared by more than 100 key business, government and industry professionals. “With Colorado’s skilled workforce, high-tech diversified economy, relatively low cost of doing business, global economic access and exceptional quality of life, the state is poised for long-term economic growth,” Wobbekind wrote in the outlook. Wobbekind is the executive director of the Leeds School’s Business Research Division.
Overall, the forecast calls for a gain of 61,300 jobs in 2014, compared with a gain of about 66,900 jobs this year. All sectors of the Colorado economy are predicted to grow in 2014 with the exception of the information sector, which includes publishing and telecommunications. Colorado is expected to be in the top five states for job growth in 2014 with workers added in both goods- and services-producing sectors. The strongest sector for projected job growth in Colorado in 2014 is the professional and business services sector, which is expected to add 14,200 jobs or grow by 3.8 percent. “Colorado has strategic advantages in the professional and business services sector given the highly educated workforce, innovative spirit and small business base that we have in the state,” said Wobbekind. “If national-level political and fiscal uncertainty subsides, we may see even stronger growth in this sector than what we’re currently projecting.”
Other leading job growth sectors for 2014 include the construction sector, which is expected to add 11,000 jobs or grow by 8.7 percent; and the trade, transportation and utilities sector, which is expected to add 9,100 jobs or grow by 2.2 percent. Though it was one of the greatest casualties of the recession, the construction sector has exhibited strong growth in recent years in values, permits and employment, according to Wobbekind. Total value of construction is expected to reach the second highest level in the past decade, rising by 14.8 percent in 2014 with the largest increase due to residential construction. Total housing permits are expected to grow by 17.5 percent with gains in both single- and multifamily units. The trade, transportation and utilities sector is the largest provider of jobs in Colorado. It includes everything from wholesale and retail trade to a variety of transportation features such as Denver International Airport and gas pipelines, as well as utilities. DIA is expected to record more than 52 million passengers in 2014.
Retail sales in the state are anticipated to rise by 5 percent in 2014, up from 4.2 percent growth in 2013. Colorado’s unemployment rate is expected to remain below 7 percent in 2014, which is comparatively better than the national unemployment rate. Commenting on the overall forecast, Wobbekind said, “After the deep recession we encountered as a state and a nation, it is really a relief to be reporting strong positive job growth in Colorado.” Risks to economic growth nationally include sequestration, the debt limit, government shutdown, Federal Reserve policy and health care reform, according to the outlook. Colorado’s population is the seventh fastest growing in the country by percentage and the ninth fastest growing in the country by number of residents. The state’s population is projected to grow by 1.7 percent to nearly 5.4 million people. To view the entire economic outlook for Colorado in 2014, including an overview of each of the state’s major economic sectors, visit http://leeds.colorado.edu/BRD. To follow the event on Twitter use #OutlookCO.
-CU-
[includeme src=”http://c1n.tv/boulder/media/bouldersponsors.html” frameborder=”0″ width=”670″ height=”300″]
Gas “outage” comes at a bad time
Dec 6th
Xcel Energy is working to address a gas outage that is impacting a significant number of homes in parts of the city and Boulder County. Boulder Fire-Rescue is offering tips to help keep people safe during the outage.
ü If your pilot light is out after gas service is restored and you don’t know how to re-light it, you may contact Xcel to come to your home to relight the pilot for you. Xcel is asking individuals who need assistance to call 1-800-295-4999 to provide a cell phone for crews to contact you; if you will be home when crews come by, please leave your porch light. Call a professional contractor if you don’t wish to wait for Xcel.
ü If your pipes freeze, avoid using blow torches or open flames to try to heat them. Just yesterday, Dec. 5, 2013, someone caused a fire in a mobile home while using a blow torch to heat frozen pipes. Although no one was injured, the mobile home suffered extensive damage from the fire.
ü If you have neighbors who are elderly or who are physically/mentally challenged, please check on them to make sure they’re okay. If they are in need of medical attention, call 9-1-1.
ü If you plan to use an electric space heater, consider the following precautions:
· Keep space heaters at least 3 feet away from flammable objects like curtains, furniture and bedding.
· Make sure to keep a 3-foot “kid-free zone” around space heaters and fires.
· Use space heaters only when you’re present in your home or business, and only while you’re awake. Never use space heaters while you sleep.
How to Prevent Carbon Monoxide Poisoning
Carbon monoxide is a poisonous gas which can be produced when a furnace or other appliances are not working properly. It can also be produced when wood-burning fireplaces are not vented properly.
Carbon monoxide is a colorless and odorless gas, and inhaling it can cause death. Symptoms of carbon monoxide poisoning include feeling out of breath, dizziness, nausea and headaches. If you or any of your family members experience these symptoms, leave the building immediately and call 9-1-1.
ü Make sure to install a carbon monoxide detector in your home or business. Check the batteries regularly to ensure that it’s working properly.
ü Don’t use a charcoal or wood grill indoors or in a garage.
ü Never operate kerosene or propane heaters indoors without proper venting.
ü Never use your oven to heat your home.
Emergency Contacts and Shelter Information
In case of emergency, contact 9-1-1. For other calls, the non-emergency dispatch number is 303-441-3333. To report outages, please contact Xcel directly at 1-800-895-2999.
The American Red Cross will be opening a warm shelter for people impacted by this emergency. The shelter will be available starting at 3 p.m. today and is located at Douglass Elementary School, 840 75th St. near 75th Street and Baseline Road.
–CITY–