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@denvergazette: CSI said the economic impact of banning oil and gas drilling in Colorado would be "devastating and goes beyond lost production, tax revenue, and job losses." #coleg #oilandgas

Read more at the link in our bio!
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Meet Lang Sias, our 2024 Mike A. Leprino Free Enterprise Fellow shining in the spotlight! 🌟

Returning to our CSI research team, Lang is all set to dive into data for his next groundbreaking study. Curious to know more about Lang and his research journey?

Click the link in our bio!
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Happy #StPatricksDay from the CSI Team!

Did you know: According to Wallet Hub, in 2023, #StPatricksDay generated 174% increase in beer sales on St. Patrick’s Day compared to the rest of the year (153% more spirits are sold compared with the average day).
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Prohibiting oil and gas production in Colorado won`t lower demand. Shifting production elsewhere and importing fuel will hike costs and emissions. Each of the 181,000 jobs lost due to SB24-159 could mean a rise of 5 metric tonnes in emissions.

Dive into the report for insights: https://bit.ly/43iLJ6S

#SB24-159 #EconomicImpact #coleg
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Revised data reveals a significant surge in job growth for Colorado.

From December 2022 to December 2023, initial reports of 24,100 new jobs pale in comparison to the revised figure of 58,400, reflecting an additional 34,300 jobs.

Discover the full impact of these revisions in our report: https://bit.ly/3PjVuvD
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Proposed ban on oil and gas well permitting in Colorado threatens widespread economic repercussions. Denver faces 69% of projected 181,000 job losses.

#coleg #SB24159

Dive into the report for insights - link in our bio!
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DYK: 181,000 jobs & $1.9 billion in state & local tax revenue at stake.

SB24-159 is set to be heard in committee tomorrow. CSI’s latest report dives into the impacts of the measure to ban oil & gas well permitting across our state economy, revenue & emissions. #coleg #oilandgas #oilandgasban

Read the report: https://bit.ly/43iLJ6S
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Help us in congratulating Erik Gamm, our Senior Research Analyst, on passing his Certified Business Economist exam!

The CBE exam is offered through the NABE, the National Association of Business Economists, a national network of many of the US`s top economists. We are proud to have Erik on our team!
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Even with upward revisions, Colorado`s private sector job growth in 2023, from 1,100 to 32,000, remains the lowest outside of a recession since 1991.

Explore the implications in our report: https://bit.ly/3PjVuvD
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Where do you think Colorado`s job market is growing most? Colorado’s manufacturing sector saw strong growth in January, adding 1,700 jobs after having lost 2,700 jobs over the previous 3 months

Read more: https://bit.ly/3PiO5wC
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CSI’S MISSION

CSI’s mission is to examine the fiscal impacts of policies, initiatives, and proposed laws so that Coloradans are educated and informed on issues impacting their lives. Common Sense Institute was founded in 2010 originally as Common Sense Policy Roundtable. CSI’s founders were a concerned group of business and community leaders who observed that divisive partisanship was overwhelming policymaking and believed that sound economic analysis could help Coloradans make fact-based and common sense decisions.