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El Paso County’s economy relies heavily on the military for its job creation, housing growth and increases in personal income. That could mean trouble in the coming year if a 12-member “super committee” decides to cut billions from the federal budget, including defense spending over the next 10 years. “That ‘gang’ of 12 could have… Continue Reading SoCo Economic Forum Preview: County relies too heavily on military

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Few bright spots include tourism and cost of living Remember 2007? Those were the good ol’ days, according to the Pikes Peak Quality of Life Indicators. Unemployment was low, the city boasted higher-than-average incomes and job growth was steady. But the 2011 Quality of Life Indicators, prepared by the Pikes Peak United Way and released… Continue Reading Quality of Life Indicators paint grim picture of Springs

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Economists say Colorado jobs forecast brighter

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Colorado economists say the state’s job prospects may be doing better than people think. University of Colorado economist Richard Wobbekind says Colorado will see job growth of as many as 25,000 jobs this year, more than double the forecast from just three months ago. Patty Silverstein, an economist and president of Littleton’s Development Research Partners,… Continue Reading Economists say Colorado jobs forecast brighter

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EDC recognized for its “expansion toolkit”

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The Colorado Springs Regional Economic Development Corporation was recognized for its efforts to help other, smaller communities learn the tricks of the trade in how to help local businesses expand. The award was given by the International Economic Development Council for the local organization’s “business expansion toolkit,” which includes a manual that outlines ways for communities… Continue Reading EDC recognized for its “expansion toolkit”

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As ranchers in drought areas sell cows, others buy

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The drought in the Southwest may help 29-year-old Chad Bicker get to his goal of being a full-time farmer and rancher by the time he’s 40. As farmers in Texas and other bone-dry areas sell cattle because they can’t grow hay or afford to buy feed, Bicker has been buying animals for his farm in… Continue Reading As ranchers in drought areas sell cows, others buy

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A new solar company that aims to make solar available to the masses will host an informative question and answer session at Sonterra Grill, 28 S. Tejon St., this evening at 5:30 p.m. SunShare plans to build a community solar garden, which will allow people to lease for a 20-year term solar panels and get… Continue Reading Solar Garden founders to host Q&A happy hour at Sonterra Grill

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The Mayor’s Branding Task Force describes Colorado Springs as vibrant, exceptional and rugged. It’s a town, they said, that is “alive.” These words the task force has chosen to describe the city’s healthy, free-spirited lifestyle and the outdoorsy community. The character descriptions are part of building blocks that are expected to lead to the city’s… Continue Reading Branding task force using ‘alive’ to help create slogan

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What is the Regional Leadership Forum?

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The Regional Leadership Forum made headlines last week when the Colorado Springs City Council tapped it to sort out requests to lease Memorial Health System. But what — and who — is the Regional Leadership Forum? It’s a private, volunteer group comprised of business and community representatives from the city’s most powerful organizations that has… Continue Reading What is the Regional Leadership Forum?

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US economic data help world markets steady

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Better-than-expected U.S. economic indicators helped European stocks trim losses and pushed Wall Street higher, easing tensions among investors worried about a downturn in the global manufacturing sector. Surveys into the state of the industrial sectors — the purchasing managers’ indexes — showed they had contracted in August in the eurozone and the U.K. In the… Continue Reading US economic data help world markets steady

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Economic growth continues in Mountain States

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The economy in the mountain states of Colorado, Utah and Wyoming continues to grow, but that growth has slowed slightly, according to the Business Conditions Index put out by the Goss Institute for Economic Research. For nearly two years, the indicators show growth above neutral. The overall index slipped to 56.8 this month from 57.4… Continue Reading Economic growth continues in Mountain States

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