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Mountain Monitor-2nd Quarter 2011, Mark Muro, Kenan Fikri
Mountain Monitor-2nd Quarter 2011, Mark Muro, Kenan Fikri
Mountain Monitor Quarterly
Data through the second quarter of 2011 raise new questions about the pace and certainty of recovery in the Intermountain West. Even places like Denver, Colorado Springs, and Ogden—which only suffered mild setbacks in the early quarters of the recession—have stagnated in the wake of the nation’s worst economic slump since the Great Depression. Output and employment increased hesitantly in eight of the 10 major metros of the Intermountain West in the second quarter while the housing market slumped to new lows everywhere.