Colorado GDP trails direct competitor states, though slightly ahead of U.S. average

Colorado's economy is doing slightly better than the national average but falls short compared to its neighbors like Arizona, Texas, and Utah, according to a nonpartisan report. While Colorado shows some economic strengths, high living and housing costs are major challenges. This economic performance matters because it impacts job growth, investment attractiveness, and residents' quality of life, highlighting the need for policies that address these cost barriers to improve overall economic competitiveness.