Rocky Mountain Voice

Tag: Economic growth

Kudlow: Treasury Sec. Scott Bessent talks growth with Economic Club of New York
Approved, Commentary, Fox Business

Kudlow: Treasury Sec. Scott Bessent talks growth with Economic Club of New York

By Larry Kudlow  | Commentary, Fox Business Treasury Secretary Scott Bessent spoke to the Economic Club of New York today and emphasized the growthy-ness of President Trump's program. I had a chance to interview the Secretary after his speech. But importantly, Bessent emphasized deregulation, especially in the banking sector - and that includes bank loans to small businesses. This is important because during the Biden years, Fed Chair Jay Powell swayed with the wind and promoted DEI, ESG, no loans to oil and gas companies, terrible supervision of Silicon Valley, and a disregard for the importance of community banks. Powell presided over a real mess. Incidentally, it looks like Trump-appointee Miki Bowman, who is a member of the Federal Reserve Board, is going to get the nod t...
As Colorado slips behind other states in economic strength, slower economic growth in 2025 is ‘new reality’
Approved, gazette.com, State

As Colorado slips behind other states in economic strength, slower economic growth in 2025 is ‘new reality’

By Bernadette Berdychowski  | The Gazette As Colorado slips behind other states in terms of economic strength, its economy is projected to grow — albeit slower in 2025, according to a new report. The Business Research Division at the University of Colorado Boulder released its 60th annual outlook Monday detailing forecasts of Colorado’s economy and various industries for 2025 based on the analysis from 140 statewide government, business and academic experts. The report found Colorado’s economy is growing, but falling behind in several areas. READ THE FULL STORY AT THE GAZETTE
‘Weaker than reported’ U.S. economy created 818,000 fewer jobs than first accounting
Approved, Fox Business, National

‘Weaker than reported’ U.S. economy created 818,000 fewer jobs than first accounting

By Megan Henney  | Fox Business U.S. job growth during much of the past year was significantly weaker than previously reported, according to new data published Wednesday. The Bureau of Labor Statistics revised down its total tally of jobs created in the year through March by 818,000 as part of its preliminary annual benchmark review of payroll data. That suggests the economy added an average of 174,000 jobs per month during that time period — below the previous 242,000 estimate. On a monthly basis, that amounts to about 68,000 fewer jobs. It marks the largest downward revision since 2009. READ THE FULL STORY AT FOX BUSINESS
PERSPECTIVE: Colorado has fallen behind in economic growth
Approved, denvergazette.com, State

PERSPECTIVE: Colorado has fallen behind in economic growth

By Loren Furman The 2024 state legislative session is underway, which means that over the coming weeks and months, we’ll hear from our elected lawmakers about the proposals they have to move our state forward. While we have different ideas of what policies are best for the state, we want Colorado to be successful. At the Colorado Chamber, our focus is on improving the state’s economic climate. We want Colorado to be the preferred place where business leaders choose to invest and innovate. We want to be a leading state, setting a national example for job creation and economic growth. Unfortunately, in recent years, we have set an example for other states — but not in a good way. READ FULL ARTICLE ON DENVERGAZETTE.COM

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