Red is the worst, green is the best and yellow is caution. A red score is zero to 33, with the lower the score the worse the market.

In its last report, the Denver retail market scored only a seven. In its latest report, Moody's gave it a 21.

"The biggest factor in boosting the score is improved expectations for income growth, from less than 1% six months ago to 2.5% now, very near the national average," Moody's reports.

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