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Military construction costs on the rise

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The Base Realignment and Closing Commission estimated that construction costs to implement their most recent recommendations would be about $13 billion. But, a Government Accountability Office report released today estimates those costs to reach nearly $20 billion. Army Corps of Engineers officials said the actual rate of construction inflation for the last several years has… Continue Reading Military construction costs on the rise

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Online advertising continues to grow

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Wall Street financial giant Lehman Brothers says Internet advertising spending will reach nearly $311 billion next year, up 4 percent from this year. Also real estate advertising budgets are projected to grow by 12 percent next year and reach $8 billion by 2012. Authors of the firm’s annual advertising trend report also predict that Internet… Continue Reading Online advertising continues to grow

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One fish, two fish, green fish, threw fish

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The Australian Tunarama competition to see who can throw a frozen tuna the farthest will be missing something next year — the fish. In an effort to further the country’s “green” environmental policies, Tunarama officials said they have stopped using real fish, because for one, it was a waste of perfectly good fish, and a… Continue Reading One fish, two fish, green fish, threw fish

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Retail sales surge, unemployment down

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Retail sales surged by 1.2 percent last month, almost two times the increase that analysts had predicted, to reach the largest gain in six months, according to a Commerce Department report released today. The surge comes after a 0.2 percent rise in retail sales during October. Nearly half of the November increase came from a… Continue Reading Retail sales surge, unemployment down

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Census forms arrive next week

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Next week more than 4 million American businesses will receive 2007 Economic Census forms. The economic census is conducted every five years. Business.census.gov lists information about the census, and provides statistics to use to assess and grow business operations. This week, “Industry Snapshots” graphics for more than 1,000 industries were added to the site.

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Sales and Use Tax 101

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The City of Colorado Springs will offer a free two-hour class entitled “Introduction to Sales & Use Tax” from 9 to 11 a.m. on Jan. 9 in at the City Administration Building, 30 S. Nevada Ave. The class will offer information about taxes owed when purchasing equipment, computing taxes owed, licensing and reporting requirements and… Continue Reading Sales and Use Tax 101

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The Board of County Commissioners entered into a due diligence agreement with Craddock-Walden Investments, LLC to grant a conservation easement for 73.188 acres of undeveloped land located near Interstate 25 and State Highway 16 in southern El Paso County. The conservation easement will preserve the land for outdoor recreation and open space, while maintaining a… Continue Reading El Paso County receives 73.188 acres as conservation easement

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Farm income strong in 3Q

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U.S. farm income surged during the third quarter of this year, according to the Federal Reserve Bank of Kansas City’s third quarter Survey of Agricultural Credit Conditions. The survey covers Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri. Strong crop prices and a bountiful fall harvest are reasons for the healthy quarter,… Continue Reading Farm income strong in 3Q

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Retailers readying for converter coupon program

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Eight of the largest consumer electronics retailers have been certified to participate in the TV Converter Box Coupon Program. The Commerce Department’s National Telecommunications and Information Administration said Best Buy, Circuit City, Kmart, RadioShack, Sam’s Club, Sears, Target and Wal-Mart have approved for the program. The converter boxes are necessary for consumers who wish to… Continue Reading Retailers readying for converter coupon program

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Workshop to offer Middle East export tips

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Colorado exports to the Middle East have doubled during the past year, and state officials say the region offers a diverse market for U.S. products. The Colorado Office of Economic Development and the World Trade Center in Denver are sponsoring a workshop on how to increase exports to the Persian Gulf region. Nancy Charles Parker… Continue Reading Workshop to offer Middle East export tips

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