Brandon Richard is a reporter for Denver7 in Denver, Colorado.
DENVER — Two new reports are shedding light on the state of Colorado’s economy.The University of Colorado’s Leeds School of Business released its 60th Annual Colorado Business Economic Outlook on Monday. While it shows Colorado’s economy is still growing, it's doing so at a slower pace. When comparing the prior 15 years to this year, Colorado’s economic growth has fallen significantly — from 5th in the nation to 41st, according to the report.
“A lot of these regulations could be considered as redundant or otherwise excessive, and approximately 45% of these regulations do fall in that category,” said Irina Piatselchyts, a senior partner and consultant for StratACUMEN, a business analysis and research firm. “That presents a huge opportunity or a great opportunity for Colorado to actually jump on this and make the regulatory environment a little bit easier.”The chamber’s report showed regulations on businesses grew by 7.
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