In this Capitol Report:
New Economic Reports Project Uncertainty About Colorado Competitiveness & Outlook
This week the Colorado Chamber joined key business leaders at the Common Sense Institute’s first annual Free Enterprise Summit. Loren Furman, the Colorado Chamber’s President-elect, participated in a panel discussion about the state of Colorado’s economy and the importance of a unified business voice at the capitol.
“When all of our voices come together we are an army of change. We also need to push for balance of state government” Furman said.
The Common Sense Institute unveiled the Colorado Free Enterprise Report: 2022 Edition, which provides perspective on where Colorado stands relative to other states on key economic factors.
“The future performance of Colorado’s free enterprise system is highly uncertain,” the report states. “Public policy decisions over the coming months and years will determine whether that system will flourish and keep Colorado competitive.”
While Colorado ranks high in certain economic factors, like the health of the state budget, Colorado’s performance in other key areas presents a negative outlook on future economic competitiveness. According to the report, Colorado’s performance rating in key economic indicators like energy and housing is very low, earning only two out of five performance points. The report also suggests a negative outlook in the areas of jobs and the economy, health care, taxes and fee, and environmental issues.
About Common Sense Institute:
Common Sense Institute is a non-partisan research organization founded in 2010 dedicated to the protection and promotion of Colorado’s economy. CSI is at the forefront of important discussions concerning the future of free enterprise in Colorado and aims to have an impact on the issues that matter most to Coloradans.