The Vectra Bank Colorado Small Business Index registered 95 during October, up from a revised 93 in September, thanks to unanticipated national economic strength, according to Vectra Bank’s corporate economist, Jeff Thredgold. “The single biggest contributor to the two-point jump in the Colorado SBI was the unexpected strength in U.S. gross domestic product growth last quarter,” Thredgold said. “Lower borrowing costs and increased labor availability in Colorado were also factors.”
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