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Manufacturing plunges, construction increases

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Manufacturing in the U.S. has dipped to a five-year low. The Institute for Supply Management’s manufacturing index dropped to 47.7, the lowest reading since April 2003, from 50.8 the prior month. A reading above 50 indicates expansion, while below 50 signifies contraction. Manufacturing has been negatively affected by the housing recession, which has impacted building-related… Continue Reading Manufacturing plunges, construction increases

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For 22 percent of us, our New Year’s resolutions will be history in another five days. The Journal of Clinical Psychology, says that’s how many people abandon their New Year’s resolutions after only one week. The study’s authors say three main factors contribute to short-lived resolutions – clearly defined goals are not set, progress is… Continue Reading 22 percent dump resolutions after a week

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New home sales plunge to 12-year low

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Sales of new homes dove last month to their lowest level in more than 12 years. The Commerce Department reported Friday that new-home sales dropped 9 percent from October to November to a seasonally adjusted annual rate of 647,000 – the worst showing since April 1995, when the rate was 621,000. The median sales price… Continue Reading New home sales plunge to 12-year low

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Tree recycling still available

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If you haven’t thrown out that Christmas tree yet, there are still a few places in town that will recycle your tree and turn it into mulch. Tree recycling will be available at the following locations between 9 a.m. and 5 p.m. Jan. 5 and 6. A fee of $5 is charged for the recycling… Continue Reading Tree recycling still available

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If it seems to you that more and more people are moving to Colorado every year, you’re right. The U.S. Census Bureau reported yesterday that that state’s population grew by 2 percent, or 95,267 people, between July 1, 2006, and July 1, 2007. That puts the state’s population at 4.8 million and ranks it as… Continue Reading Colorado population up 2 percent

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Tax returns late for 3 million people

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Tax refunds for more than 3 million people will be held up until February because of Congress’ late fix to the alternative minimum tax, Internal Revenue Officials said this week. Congress put a one-year freeze on growth of the alternative minimum tax last week, protecting some middle-income taxpayers from first exposure to the tax. But… Continue Reading Tax returns late for 3 million people

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7-Eleven offering up a New Year’s roast

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7-Eleven will once again this year give free 12-ounce cups of coffee or other hot beverages to customers who visit stores between 11 p.m. Dec. 31 and 7 a.m. Jan. 1. While this year marks the 20th year that the convenience store chain has given away New Year’s coffee, some stores might not participate in… Continue Reading 7-Eleven offering up a New Year’s roast

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In an effort to cut costs, the Greater Colorado Springs Chamber of Commerce is moving from its offices at 2 N. Cascade Ave. into the Exchange National Bank building at 6 S. Tejon St., suite 700. The new location, where U.S. Bank is located, has lower rent, said Joan Saunders, chamber chief operating officer. “Our… Continue Reading Chamber moving to Exchange National Bank building

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Consumer confidence uptick

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Despite a jittery economy, consumers showed renewed confidence this month. The New York-based Conference Board’s Consumer Confidence Index rose to 88.6 for the month, up from a revised 87.8 during November – the first increase since July. Confidence levels are considered important because they indicate possible changes in spending patterns, and consumer spending contributes nearly… Continue Reading Consumer confidence uptick

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Fort Carson Town Hall Meeting

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The Pikes Peak Area Council of Governments will host the Fort Carson Town Hall Meeting at the Antler’s Hilton hotel on Jan. 14 about how the Pikes Peak region will respond to troop increases. Organizers will provide the updates on the arrival, deployment and return of brigades, and offer information about demographics, housing estimates, behavioral… Continue Reading Fort Carson Town Hall Meeting

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