Posts tagged forecast
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.
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Buffs Host Inaugural Jerry Quiller Classic
Mar 15th
BOULDER – The University of Colorado track & field team will host the inaugural Jerry Quiller Classic, March 15-16, at Potts Field.
The meet, which had previously been the Potts Outdoor Invitational, has been named in honor of the former CU track and field and cross country coach Jerry Quiller, who passed away in 2012 after losing a battle against multiple myeloma.
Quiller served as the head coach for the Buffs from 1985-1995. In that time, he coached the Buffs to three Big Eight Conference Cross Country titles and made a dozen (men and women) appearances at the NCAA Championships. He was named the league’s coach of the year five times in that span and directed 19 All-Americans (13 men and six women), including Olympians Adam Goucher and Alan Culpepper. In 1994, CU’s men placed second and the women were fourth at nationals, earning him national coach of the year accolades.
Colorado will compete against several Front Range schools this weekend. Colorado School of Mines, Colorado State, Air Force, Metro State, Northern Colorado and UC-Colorado Springs, along with South Dakota School of Mines will make up the majority of competitors with CU, but there will be several other athletes competing unattached or as a member of a club. The invitational is a non-team scoring meet.
The hammer throw and javelin will be the only events contested on Friday; starting at 2 p.m. Saturday’s events will start at 11 a.m. and will wrap up around 3:45 p.m.
The Jerry Quiller Classic is the first of two meets CU will host this spring. The Buffs will also host the CU Invitational April 12-13. Both take place at Potts Field on 30th and Colorado. Admission is free. The forecast for Friday is mostly sunny with a high of 70 degrees and Saturday has a high of 56 degrees and a 30 percent chance of rain (as of Thursday afternoon).
The tentative schedule of events is listed below:
FRIDAY THROWING EVENTS
2:00 P.M. WOMEN’S HAMMER
following women’s hammer MEN’S HAMMER
2:00 P.M. MEN’S JAVELIN
following men’s javelin WOMEN’S JAVELIN
SATURDAY THROWING EVENTS
11:00 A.M. MEN’S SHOT PUT
following men’s shot put/women’s discus WOMEN’S SHOT PUT
11:00 A.M. WOMEN’S DISCUS
following women’s discus/men’s shot MEN’S DISCUS
SATURDAY JUMPING EVENTS
11:00 A.M. WOMEN’S POLE VAULT
following men’s pole vault MEN’S POLE VAULT
11:00 A.M. WOMEN’S LONG JUMP
following women’s long jump MEN’S LONG JUMP
following men’s long jump WOMEN’S TRIPLE JUMP
following women’s triple jump MEN’S TRIPLE JUMP
11:00 A.M. WOMEN’S HIGH JUMP
following women’s high jump MEN’S HIGH JUMP
SATURDAY RUNNING EVENTS
11:00 A.M. WOMENS STEEPLE
11:20 MENS STEEPLE
11:35 WOMEN’S 4X100 RELAY
11:40 MEN’S 4X100 RELAY
11:45 WOMEN’S 1500 METERS
11:55 MEN’S 1500 METERS
12:05 100 METER HURDLES
12:20 110 METER HURDLES
12:30 WOMEN’S 400 METER RUN
12:40 MEN’S 400 METER RUN
1:00 WOMEN’S 100 METER DASH
1:10 MEN’S 100 METER DASH
1:25 WOMEN’S 800 METER RUN
1:40 MEN’S 800 METER RUN
1:50 WOMEN’S 400 METER HURDLES
2:00 MEN’S 400 METER HURDLES
2:10 WOMEN’S 200 METER DASH
2:25 MEN’S 200 METER DASH
2:40 WOMEN’S 3000 RUN
3:00 MEN’S 3000 RUN
3:20 WOMEN’S 4X400 RELAY
3:30 MEN’S 4X400 RELAY
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