Quarterly Economic Outlook Updates
CFI tracks certain economic forecasts and measures to keep a pulse on the changes in Colorado’s fiscal situation.
We track monthly JobWatch data and release a quarterly fact sheet including various labor measures such as unemployment rates, industry changes, and labor force participation. This data is one tool that helps to inform the worker-centered policies CFI advances.
The Joint Budget Committee at the State Capitol presents a quarterly fiscal forecast. We tune into this forecast and distill the 5 biggest takeaways so you don’t have to. These forecasts help shape fiscal policies and guide budgetary priorities.
| JobWatch Fact Sheets | Revenue Forecast Five |
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March 2024 Forecast Five: Fiscal Madness
1. TABOR cap means the budget can’t keep up. 2. Higher cash funds and slower population growth means a tighter General Fund. 3. Inflation is easing as unemployment ticks up. 4. The economy avoided a blow-out loss. 5. Housing is still the biggest foul on Colorado consumers. |
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December 2023 Forecast Five: Coming Down to Earth
1. Slowing Inflation Points to Lowering Interest Rates in 2024 2. Jobs Forecast Consistent with Long-Run Expansion 3. General Fund Outlook for Next Year’s Budget: Not Quite Staying Even 4. TABOR Rebates Still on Horizon but Smaller than Last Two Years 5. Schools: Enrollment Declines, Uncertainty about Local Share, Zero BS Factor? |
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September 2023 Revenue Forecast Five: Get Primed on the Economy
1. Resilient but slowing economy 2. Very Little New Money for Next Year’s Budget 3. TABOR Rebates Still Expected Through Forecast 4. Housing and Energy Prices Eating into Wages 5. Budgeting to the TABOR Cap Doesn’t Keep Us Even |
