Colorado's economy grew faster in 2008, despite recession - Denver Business Journal:

http://afterdeath.ru/index.php?option=com_content&task=blogcategory&id=19&Itemid=71
reported Tuesday, suggesting that the recession'a impact hit Colorado later than most other part s ofthe country. Gross domestic productt in Colorado grewby 2.9 percentf in 2008, up from 2.0 percent in 2007 and 2.7 percent in 2006, the Commercew Department's Bureau of Economic Analysisw (BEA) reported in its annual state-by-state breakdowhn of GDP. Colorado's 2.9 percenft GDP growth rate was fourth-highest among the 50 exceeded only by NorthDakotaz (7.3 percent growth), Wyoming (4.4 and South Dakota (3.5 percent). The last year Colorado's economhy grew faster than 2008 was in witha 4.3 percent GDP increased that year, BEA said.
Colorado was one of only 12 states in 2008 wherwe the rate of growth of GDP increasedc from theprevious year. In 12 states experienced GDP declinesin 2008, led by Alaska with a 2.0 percentf drop. Average growth in GDP among the 50 statesd slowedfrom 2.0 percengt in 2007 to 0.7 percent in 2008. (The GDP-by-state figure differ from national GDP becausewdifferent state-by-state methodology is used.) The nationwidd recession officially began at the start of 2008. The repory said the biggest contributors to the growth of Colorado's GDP in 2008 were professionakl and technical services, followed by mining, informatio n and government.
It said the biggest drags on the state' economy were construction, followed by transportation and .