After a small dip last quarter, Colorado business leaders are a bit more optimistic for the start of 2016, according to the University of Colorado-Boulder Leeds School of Business Confidence Index.

The overall first-quarter reading is up 1.5 points from last quarter, but down more than 5 points from one year ago. 

“Well, I think they see what’s going on around them," explained CU Economist Richard Wobbekind. "Business in Colorado has been strong, but a lot of that has to do with sales and profits and they’re selling – not just in Colorado – but to other states around the country. And both of those numbers are up.”

Wobbekind says Federal Reserve policy changes and workforce availability were the greatest concerns expressed by business community panelists.