Home » Archives by category » economy
CPI increases only .1 percent

CPI increases only .1 percent

Inflation is holding steady, according to the U.S. Department of Labor Bureau of Labor Statistics. The Consumer Price Index (CPI) of all items rose only 0.1 percent from one month ago, and 2 percent from one year ago. Economists factor the CPI by comparing prices of goods and services over a period of time –… Continue Reading CPI increases only .1 percent

A Colorado Springs-based real estate firm’s quarterly report indicates that the local commercial market continues to lag behind many others in its climb to pre-recession health. Quantum Commercial Group LLC’s second-quarter market report showed vacancy rates are down in the office and retail submarkets, while they remain flat for industrial space. Quantum also reported that… Continue Reading Local commercial market continues slow ascent

Continue reading …
Denver cultural district: possible role model?

In November 1988, voters in the six-county Denver Metro Area (Adams, Arapahoe, Boulder, Denver, Douglas and Jefferson) were asked to approve a 1/10 of a cent sales tax for something called the Scientific and Cultural Facilities District. The district’s purpose: “to distribute funds for the support of cultural facilities whose primary purpose is to enlighten… Continue Reading Denver cultural district: possible role model?

Continue reading …
Apartment sales hot in local area

Colorado Springs is the newest hot market for the sale of apartments, according to information from the El Paso County Assessor’s Office. The total sales volume of apartment complexes of more than 30 units between Jan. 1 and July 1 in the county topped more than $273.5 million. That compares with a sales volume in… Continue Reading Apartment sales hot in local area

Continue reading …

A midyear economic report by the University of Colorado Boulder’s Leeds School of Business indicates the state continues to outshine expectations for growth in 2014. The report showed, among other things, that Colorado employment was up 3 percent in May compared to May 2013. The Colorado Business Economic Outlook published in December indicated employment would… Continue Reading Midyear report: State’s economy achieving in ’14

Continue reading …

Investing in volatile times can work

Comments Off

When the stock market is high, poised possibly to fail, and when interest rates are at rock bottom, where does a person invest his or her money? “The stock market is up 180 percent from the March 9, 2009 bottom,” said Certified Financial Planner Jeff Jensen. “They remember when they lost 57 percent of their… Continue Reading Investing in volatile times can work

Continue reading …

Local economy on a slow rebound

Comments Off

Economic numbers from early 2014 would lead economists to believe there’s another recession in America. Not so, said Fred Crowley, a UCCS professor of economics, economic consultant and well-known authority on the subject.  In the first quarter of the year, the gross domestic product dropped 2.9 percent, an annualized number, Crowley said. “Normally, if you… Continue Reading Local economy on a slow rebound

Continue reading …

City lags at the wrong time

Comments Off

Usually in this space, we look at issues through an upbeat lens, helping readers see the positive aspects of the Colorado Springs-area business community. We think it’s important to make sure more people hear and learn about the good things happening in our midst. But sometimes it’s just as vital to share and analyze what’s… Continue Reading City lags at the wrong time

Continue reading …

Colorado residents shoulder the 32nd highest state and local tax burden in the country, according to the Annual State-Local Tax Burdens report released today by the nonpartisan Tax Foundation. Using the most up-to-date data available, the report shows that taxpayers in Colorado paid 9 percent of their collective incomes in state and local taxes in… Continue Reading Colorado has 32nd highest state-local tax burden in the U.S.

Continue reading …

Springs lags in Recession recovery

Comments Off
Springs lags in Recession recovery

Colorado has more jobs than ever, but recovery from the Great Recession continues to elude some areas of the state, including Colorado Springs. Those are some of the findings included in a report from Colorado State University’s Regional Economics Institute (REI). The report said the economy in the northern Front Range has seen the most… Continue Reading Springs lags in Recession recovery

Continue reading …
Page 1 of 19123Next ›Last »