Posts tagged CU
CU report: Colorado economy to stay warm next year
Dec 11th
Positive, broad-based job growth forecast for Colorado in 2014, says CU Leeds School of Business Colorado will continue on the road to recovery and add a variety of jobs in 2014 across almost all business sectors following a positive year in 2013, according to economist Richard Wobbekind of the University of Colorado Boulder’s Leeds School of Business. Wobbekind’s announcement is part of the 49th annual Colorado Business Economic Outlook Forum to be delivered Dec. 9 by the Business Research Division of the Leeds School and presented by Noble Energy. 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.
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-
CU: Colorado economy heating up next year
Dec 11th
Positive, broad-based job growth forecast for Colorado in 2014, says CU Leeds School of Business Colorado will continue on the road to recovery and add a variety of jobs in 2014 across almost all business sectors following a positive year in 2013, according to economist Richard Wobbekind of the University of Colorado Boulder’s Leeds School of Business. Wobbekind’s announcement is part of the 49th annual Colorado Business Economic Outlook Forum to be delivered Dec. 9 by the Business Research Division of the Leeds School and presented by Noble Energy.
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″]
Askia (Big Shot) Booker named Pac-12 P.of the W.
Dec 10th
CU MBB RANKED IN AP POLL AT NO. 21
BOULDER – University of Colorado junior guard Askia Booker was named Pac-12 Conference Player of the Week, the conference office announced Monday.
Booker’s second career conference player of the week nomination comes on the heels of the Buffaloes making the Associated Press Top-25 poll for the first time this season as the No. 21 ranked team. The men also received 42 votes in the Coaches’ Poll and are slotted at the No. 27 team overall.
Booker helped CU upset then-No. 6/6 Kansas, 75-72 last Saturday, launching the game-winner with a 30-footer as time expired to keep the Buffaloes unbeaten at home (7-0). The victory also matched their longest winning streak since the 2005-06 season with nine wins in a row.
The junior guard from Los Angeles, tied for team-high honors against KU with 15 points, three rebounds and a steal. In addition to his game-winner, Booker also made pair of three-pointers to keep pace with the sixth ranked team in the country. With 3:39 remaining in the game, Booker gave the home team a six-point lead, then when the first half ended, hit his first trey of the game pushing CU to a 33-30 lead at the break. It’s the third time that Booker has made three treys in a game this season.
Earlier in the week, the Buffs won at Colorado State for the first time since 2007 with a 67-62 victory. Booker iced the game with 3 seconds remaining with a pair of free throws (12 points overall). It is Colorado’s fourth player of the week honor all-time since joining the Pac-12.
As team, it’s the first time the Buffaloes are ranked nationally since last season when they were the No. 19 ranked team in both polls on Nov. 26. They made their initial Top-25 breakthrough as the No. 23 ranked team on Nov. 19 when they started the season 6-0 en route to the Charleston Classic championship last November.
It’s also marks the first time since the end of the 1996-97 season that both CU men’s and women’s basketball programs are ranked at the same time. The men were ranked in the final AP Top-25 at No. 24, while the women ended that season No. 15 in the Coaches’ and No. 18 in the AP.
This season, the CU women are No. 11 in the latest AP poll for the second consecutive week.
“It’s nice for our University, the program and players that we are recognized as one of the elite teams in the country,” CU head coach Tad Boyle said. “But we aren’t going to get carried away with it. Just like we won’t be disappointed if we’re not in it. College basketball is different than college football in that polls don’t matter at the end of the day. I put more stock in RPI because the RPI doesn’t care who you are, it’s based on who you’ve played, strength of schedule, to me that’s more of a true indication, it’s less arbitrary.”
Ironically, it’s the second time in as many seasons the Buffaloes have entered the Top-25 when Booker was named the Pac-12 Conference Player of the Week. Last season, Booker was named the MVP of the Charleston Classic after averaging 19.3 points, 3.0 assists, 2.7 steals and 2.3 rebounds per game, helping the Buffs knock off Dayton, No. 16 Baylor and Murray State in four days.
Prior to last season, the CU men were last ranked in the Coaches’ Poll during the 2005-2006 campaign as the No. 25 team in back-to-back weeks (Jan. 30-Feb. 5; Feb. 6-12).
It’s only the second time the Buffs have been ranked before the start of conference play in 44 years, since a showing on the Dec. 30, 1969 poll, coming in at No. 20. Overall, it is the 34th time the Buffs have appeared in the AP rankings. CU’s highest ranking came on Dec. 18, 1963, coming in at No. 6.
Colorado (9-1) looks for its 10th straight win this Friday, Dec. 13 against Elon at the Coors Events Center beginning at 6:30 p.m. (MST). The Phoenix won 21 games last season and finished first in the Southern Conference Northern Division. This season, Elon (5-4) returns all five starters from a year ago and have won three-straight games.
Elon tickets start at $10. There’s also a Three-Game Holiday Plan available for Georgia (Dec. 28), Oregon State (Jan. 2) and Oregon (Jan. 5) starting at $30 for youth and seniors, $45 for adults.
CU All-Time in AP Polls
• CU has been ranked in 34 polls all-time.
• A top 10 ranking nine times.
• Highest ranking was No. 6, Dec. 18, 1963, the third poll of that season.
• Consecutive weeks ranked: 10 – last 7 polls of 1969, first three of 1970; in one season – 8; last 8 polls of the 1997 season.
• Most times ranked in one season – 8 in 1997; 7 in 1969; 6 in 1963.
• The AP poll was 20 teams from 1949-60, 10 teams from 1961-68 and back to 20 from 1969-1989, then 25 since 1990.
[includeme src=”http://c1n.tv/boulder/media/bouldersponsors.html” frameborder=”0″ width=”670″ height=”300″]
