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Two decades ago, the Leeds Business Confidence Index first reported results ahead of Q2 2003 as Colorado was entrenched in a long recovery from the tech-led recession. Twenty years later, as the index enters 2023, despite a notably better current economy, Colorado business leaders are less optimistic than they were in the early days of the index as a host of factors create notable headwinds: high interest rates and inflation, labor shortages, and fears about slowing consumer spending.

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