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U.S. bleeding manufacturing jobs

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The latest job figures show a continued decline in the manufacturing sector, the Department of Commerce said. During the last two months of 2007, the nation lost 44,000 jobs – and 212,000 jobs for the year – dropping the last year’s number of such jobs to less than14 million for the first time since 1950.… Continue Reading U.S. bleeding manufacturing jobs

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Japanese company giving pet allowance

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It appears that Americans are not the only ones who consider their pets to be an extension of their families. Reuters India is reporting that a Japanese business has begun giving employees who own dogs or cats a monthly “family allowance” for their pets. The Kyoritsu Seiyaku Corp., which makes pet medicines, says Japan now… Continue Reading Japanese company giving pet allowance

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Unemployment rate spikes to two-year high

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A near stagnant hiring pace during December drove the nation’s unemployment rate up to 5 percent – a two-year high. The U.S. Labor Department said employers added the fewest jobs to their payrolls last month in more than four years. Analysts believe the employment conditions are further deteriorating because of the housing slump and credit… Continue Reading Unemployment rate spikes to two-year high

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DIA on-time flight ranking drops

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Denver International Airport has dropped from its gleaming No. 3 spot for on-time flight arrivals during 2006 to No. 11 during 2007. The Bureau of Transportation Statistics tracked flight arrivals for 32 major airports during November 2006 and November 2007. During November 2007, 83 percent of DIA flights arrived on time, compared to 83.3 percent… Continue Reading DIA on-time flight ranking drops

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Real estate sales to level this year

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The Pikes Peak region has seen an infusion of close to $1 billion in new commercial real estate investment during the past five years, but industry experts are predicting transaction volume and prices may level out during 2008. Prices during October increased 1.6 percent from September, according to the Moody’s/Real Commercial Property Price Indices. Moody’s… Continue Reading Real estate sales to level this year

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Americans pocketed more money in 3Q 2007

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Personal income growth grew to 1.4 percent during the third quarter of 2007 from 0.9 percent during the second quarter. The Bureau of Economic Analysis is also reporting that state-by-state personal income growth rates during the third quarter ranged from 0.8 percent to 3.6 percent, with growth accelerating or holding steady in all but 11… Continue Reading Americans pocketed more money in 3Q 2007

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File police reports online

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The Colorado Springs Police Department now takes online reports for crimes that do not need police follow up – generally those that are required for insurance claims. The online report form is on the City of Colorado Springs Web site. Crimes can be reported online if they occurred within the City of Colorado Springs, if… Continue Reading File police reports online

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Delayed heart treatment increasing death rates

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In nearly one-third of cardiac arrest cases, delayed hospital response lead to brain damage and death, according to the New England Journal of Medicine. A study released today identified 6,789 patients who had cardiac arrest at 369 hospitals across the nation and found that many hospitals delayed defibrillation response for more than two minutes. Reasons… Continue Reading Delayed heart treatment increasing death rates

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December job cuts down 39 percent

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December job cuts plunged 39 percent to 44,416 from 73,140 during November, making it the second lowest job-reduction total for 2007, behind the 42,897 during July. The December figures were also 18.7 percent lower than the same month a year ago when employers announced 54,643 job cuts, according to a Challenger, Gray and Christmas update… Continue Reading December job cuts down 39 percent

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Business conditions index advances

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The December Business Conditions survey of supply managers and business leaders in Colorado, Wyoming and Utah showed the overall Business Conditions Index advanced to a healthy 61.2 from November’s 56.6. “Since August 2003, the region has been growing at more than twice the rate of the national economy, said Ernie Goss, an economic professor at… Continue Reading Business conditions index advances

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