Economics

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Economic Outlook


OSPB expects sector specific weakness in U.S. and Colorado consumer and labor demand, particularly for retail and goods related sectors while services sectors continue to buoy the overall economy. Household finances remain relatively strong overall as real disposable income has turned positive in 2023, thereby increasing purchasing power. However, economic headwinds, including increasing consumer debt, restrictive monetary policy, and geopolitical risk, are expected to limit economic growth in 2024 and 2025.

 


Bryce Cooke - Chair

Alison Felix

Brian Lewandowski

Charles Gwirtsman

Ian Lange

Jessica Ostermick

Ken White, Jr.

Laura Jackson

Nathan Perry

Soloman Halpern

Shawn Osthoff

Tatiana Bailey

Tom Lipetzky

Trinidad Rodriguez

Wendy Lea