Mar 03 2025 2 mins
Colorado's 2025 legislative session kicked off with lawmakers facing tough decisions amid a $1 billion budget shortfall[1]. Democrats maintain control of both chambers, though with a slightly reduced majority in the House[8]. Key issues on the agenda include healthcare, workforce development, housing affordability, and the impact of artificial intelligence[1].
The state's economy is projected to grow at a slower pace in 2025, with job growth expected to reach 1.2%, adding approximately 36,700 new jobs[2]. The education and health services sector is anticipated to lead job growth, expanding by 2.3% as demand for healthcare services increases with Colorado's aging population[2].
In business news, the Colorado Economic Development Commission approved incentives for Project Skyline2025, a designer of resilient backpacks and bags for outdoor recreation and emergency services. The company is considering expanding in the Denver Metro area, potentially creating 50 new jobs with an average annual wage of $117,059[5].
A recent study revealed that Colorado's airports contribute $68.9 billion annually to the state's economy, supporting 348,500 jobs. The study, conducted by the Colorado Department of Transportation's Division of Aeronautics, showed a 42% increase in annual business revenue associated with Colorado airports from 2020 to 2025[9].
On the political front, thousands of protesters gathered at the Colorado State Capitol to demonstrate against the Trump administration's immigration policies. The protest was part of a nationwide "50 States Protest" movement[7].
In environmental news, Colorado continues to face challenges related to water resources. The state legislature is considering measures to increase efficiency in division of water resources processes[4].
Looking ahead, Colorado's economic landscape is expected to evolve, with slower growth becoming the new norm due to decelerating population growth and net migration[2]. The state will also be closely watching the implementation of new policies and their impact on various sectors, including healthcare, housing, and technology. Additionally, the outcomes of the recent legislative session will shape Colorado's approach to addressing its budget constraints and key policy priorities in the coming months.
The state's economy is projected to grow at a slower pace in 2025, with job growth expected to reach 1.2%, adding approximately 36,700 new jobs[2]. The education and health services sector is anticipated to lead job growth, expanding by 2.3% as demand for healthcare services increases with Colorado's aging population[2].
In business news, the Colorado Economic Development Commission approved incentives for Project Skyline2025, a designer of resilient backpacks and bags for outdoor recreation and emergency services. The company is considering expanding in the Denver Metro area, potentially creating 50 new jobs with an average annual wage of $117,059[5].
A recent study revealed that Colorado's airports contribute $68.9 billion annually to the state's economy, supporting 348,500 jobs. The study, conducted by the Colorado Department of Transportation's Division of Aeronautics, showed a 42% increase in annual business revenue associated with Colorado airports from 2020 to 2025[9].
On the political front, thousands of protesters gathered at the Colorado State Capitol to demonstrate against the Trump administration's immigration policies. The protest was part of a nationwide "50 States Protest" movement[7].
In environmental news, Colorado continues to face challenges related to water resources. The state legislature is considering measures to increase efficiency in division of water resources processes[4].
Looking ahead, Colorado's economic landscape is expected to evolve, with slower growth becoming the new norm due to decelerating population growth and net migration[2]. The state will also be closely watching the implementation of new policies and their impact on various sectors, including healthcare, housing, and technology. Additionally, the outcomes of the recent legislative session will shape Colorado's approach to addressing its budget constraints and key policy priorities in the coming months.