Colorado consumer spending ticked up in 2016, new report says

Coloradans picked up the pace in consumer spending in 2016. Personal consumption expenditures — the measure for consumer spending on goods and services — was up 5.4 percent in 2016, making Colorado one of the states with the fastest growth in consumer spending. The details were revealed today in an annual report form the Bureau of Economic Analysis. C olorado experienced above average growth in housing and utilities expenditures at 5.6 percent, the report says. The state also experienced above…
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