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In an effort to spur economic and business activity, Mayor Steve Bach has created a standard set of economic “accommodations” for new and expanding companies, as well as a Commercial Aeronautical Zone for the Colorado Springs Airport. Saying the accommodations – essentially economic incentives – would be available for a “limited time only,” Bach said… Continue Reading Bach introduces business incentives, new aeronautical zone

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Pikes Peak Community College has created a new position to oversee its manufacturing and technical programs. The position aims to connect local manufacturing workforce needs with the college’s growing manufacturing programs. The associate dean for manufacturing, industry and technical studies is a position that has been tops on PPCC President Lance Bolton’s list since he… Continue Reading PPCC creates dean of manufacturing position

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Since the merger, 13 employees – nearly half the total combined staff – have resigned or were asked to leave their jobs. Continue Reading Taylor exits Chamber/EDC, joins local construction firm

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U.S. employers posted fewer open jobs in July

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U.S. employers posted fewer jobs in July than in June, the latest evidence that hiring is weak. Job openings fell to a seasonally adjusted 3.67 million, the Labor Department said Tuesday. That’s down from June’s 3.72 million job openings, which was revised lower. The figures follow Friday’s disappointing employment report, which said the economy added… Continue Reading U.S. employers posted fewer open jobs in July

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PMC opens design center in the Springs

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Engineers at PMC-Sierra, which officially opened its semiconductor design office in Colorado Springs this week, showed off the small semiconductor devices that power the Internet to a group of local business leaders. The devices are smaller than a business card and can require 18 months to two years and from 40 to 100 engineers to… Continue Reading PMC opens design center in the Springs

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Dollar rises on better U.S. economic growth

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Better-than-expected economic growth and strong home sales in the U.S. are pushing the dollar higher against most major currencies. The Commerce Department said that the economy grew at a 1.7 percent annual rate in the April-June quarter. That’s better than its initial estimate of 1.5 percent. Separately, the National Association of Realtors said that its… Continue Reading Dollar rises on better U.S. economic growth

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Colorado agricultural exports on the rise

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Colorado exported 18 percent more agricultural goods in the first six months of this year than it did in the first half of 2011. Agricultural exports make up a significant portion of the state’s overall exports, according to a release from the state. And through the first two quarters of this year, Colorado has exported… Continue Reading Colorado agricultural exports on the rise

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Springs unemployment rate unchanged in July

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Colorado Springs unemployment figures remained unchanged in July, according to preliminary data from the Colorado Department of Labor and Employment. The area’s unemployment rate is 9.8 percent, higher than the state’s average of 8.3 percent. Colorado’s unemployment rate went up .1 percent in July from  the previous month. The state’s labor department said the increase… Continue Reading Springs unemployment rate unchanged in July

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Colorado exports grow to $3.9 billion

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Colorado merchants increased exports by 12 percent in the first half of the year, growing from $3.5 billion in 2011 to $3.9 billion this year, said the International Trade Administration. The growth topped the 7 percent national average for merchandise export growth for the same period, the group said. “Exports are an increasingly important part… Continue Reading Colorado exports grow to $3.9 billion

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By the Associated Press The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure,… Continue Reading US economic recovery is weakest since World War II

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