A potentially telling economic indicator just turned negative for the first time since the Great Recession.
A regular survey of state business leaders by the University of Colorado Boulder found increasing pessimism about the economy. The survey results are distilled into an index, and anything below 50 is a bad reading. Respondents rated the economic outlook 46.9.
“A little pessimistic, not horribly so,” said Richard Wobbekind, executive director of the Business Research Division at CU Boulder, and one of the authors of the report.
Read the rest of the story at Colorado Public Radio.