That downturn comes after the state had the 10th-fastest growth among states in the second quarter of 2020.<\/p>\n
That left Colorado\u2019s gross domestic product the 16th-highest in the United States at end of the third quarter, according to a report released last week that reflected volatility involving what states reported in the second and third quarters.<\/p>\n
Nevada went from the second-slowest growing economy among states in the second quarter to the fastest-growing economy in the third quarter. Tennessee went from the third-slowest growing economy to second fastest growing in the third quarter, the Denver Post reported.<\/p>\n
Colorado\u2019s unemployment rate has remained stagnant at 6.4% for the past three months while the U.S. has reported a decrease from 7.9% to 6.7% over the same time frame.<\/p>\n
The government, healthcare, retail and information services industries underperformed in Colorado compared to the nationwide performance of those sectors.<\/p>\n
Mining in the state, including oil and gas extraction, hindered gains in the third quarter.<\/p>\n
Still, the size of the state\u2019s economy is back to where it was in the summer of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"
downturn comes after the state had the 10th-fastest growth among states in the second quarter of 2020. That left Colorado\u2019s gross domestic product the 16th-highest in the United States at end of the third quarter, according to a report released last week that reflected volatility involving what states reported in the second and third […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[120,11],"naviga_topic":[],"class_list":["post-49593","post","type-post","status-publish","format-standard","hentry","tag-colorado","tag-economy-general"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/49593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=49593"}],"version-history":[{"count":0,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/49593\/revisions"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=49593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=49593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=49593"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=49593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}