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Journal Article
Colorado’s Distinct Trends in Affordable Housing Development
Low-Income Housing Tax Credits (LIHTC) are among the most common financing tools for the development of affordable housing units. Over the past 15 years, the development of LIHTC-funded housing units decelerated nationwide but accelerated in Colorado.
Journal Article
Deconstructing mountain state unemployment rates
This issue of the Rocky Mountain Economist discusses how the unemployment rate is calculated and explores recent trends in the Mountain States? unemployment rates.
Journal Article
What is behind the inflation numbers?
This issue of the Rocky Mountain Economist describes common measures of inflation and explores how recent trends compare to the policy objectives of the Federal Reserve.
Journal Article
Regional Firms Are Disagreeing About How to React to Current Economic Conditions
There is an increased level of disagreement among firms about their respective economic outlooks in the Tenth District region. As heightened levels of disagreement are historically associated with softening employment, this could have implications for economic conditions moving forward.
Journal Article
Colorado’s Current Employment Situation Driven by Key Industries
The unemployment rate in Colorado and the U.S. remains historically low, below 5%. However, Colorado’s unemployment rate recently surpassed the United States, a phenomenon not observed since the 1980’s. The recent rise in state unemployment and the relative slack in local labor market conditions is primarily attributable to weak labor demand in the technology and construction industries.
Journal Article
A Reader’s Digest: Uncertainty and the Outlook
Economic and policy developments are emerging rapidly, substantial differences in responses to these developments are evident across businesses and sectors, and uncertainty about their implications for the outlook is elevated. Recognizing these circumstances, this article provides a digest of work by Kansas City Fed researchers on how uncertainty can influence the outlook and highlights recent activities of regional businesses in the wake of heightened uncertainty.
Journal Article
How Has Real Wage Growth in the Rocky Mountain Region Outpaced Other States?
Real wage growth in the United States has returned to positive territory on average, driven by growing economic activity, healthy labor markets, and subsiding inflationary pressures. Wage growth is above the current inflation rate, easing but not yet offsetting challenges from recent inflation shocks. Real wage growth is relatively higher in Rocky Mountain States due to the types of jobs being added.
Journal Article
Higher Oil Prices Will Likely Increase Severance Tax Revenues in Rocky Mountain States
The Iran conflict that began in February triggered a historically large energy market disruption, leading to a substantial increase in oil prices. Although higher oil prices may present challenges for households and businesses, Rocky Mountain states’ budgets—especially Wyoming and New Mexico—stand to gain from additional severance tax revenue related to elevated oil prices.