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Most local Colorado economies improving

Posted: Aug 8, 2012 11:40 AM by Kate Richards

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DENVER (AP) - Colorado communities say local economies are improving, but some say they are still falling behind.

A survey by the Colorado Municipal League shows a majority of the businesses contacted said they are growing, but more than a quarter reported Wednesday that they are flat or below par for the year. Many have already been forced to cut their budgets this year, and they welcomed news that business may be turning around.

CML president Aden Hogan said municipalities need to continue to invest in activities and programs that help small business, promote tourism, encourage local shopping and expand private sector jobs.

The group represents more than 260 communities statewide.

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