Financial Intelligence - Fourth Quarter 2019 Economic Update

Fourth Quarter 2019 Economic Update By Corporate Strategies and Solutions February 18, 2020

Real Gross Domestic Product (GDP) growth among Tenth District states was positive and improved from year-end 2018 to Q3 2019 in all states but Colorado, and all states but Oklahoma outpaced the U.S. growth rate in Q3. At 2.6% annualized real GDP growth in Q3 2019, Colorado, the fastest growing state in the district and sixth fastest in the U.S. (based on 2018 growth), remains a hotbed of both young, talented professionals and energy production. As a result, Colorado is seeing ongoing, above-nationwide-average contributions from the professional, scientific and tech services sectors, as well as retail trade and mining, quarrying, and oil & gas extraction sectors.

Corporate Strategies and Solutions Our Corporate Strategies and Solutions department monitors today’s economic environment and analyzes our members’ financial trends and business activity. The department serves our members by identifying funding and liquidity strategies or solutions that fit their needs and help them enhance their financial performance.

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