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President Barack Obama is heading to Denver to pitch his jobs plan in the city where he accepted the Democratic nomination. But as he’s acknowledged at fundraisers up and down the West Coast, this election isn’t like 2008. Obama told a star-studded Hollywood fundraiser Monday night that this time around people are weary, and the… Continue Reading Obama pitches jobs plan in Denver, ends West Coast fundraising tour

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Oil leases down, revenues up

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Federal oil and natural gas leasing was down significantly in the Rockies during this fiscal year, according to reports from the Western Energy Alliance. Lease parcels declined by 70 percent, acreage by 81 percent and revenue by 44 percent since 2008. The only exception is North Dakota, which is experiencing a leasing boom in the… Continue Reading Oil leases down, revenues up

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DOL offering virtual job fair

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The Pueblo Workforce Center is inviting job seekers to a fair today and tomorrow – but there’s no need to drive to Pueblo. The job fair will stay open nonstop for two days and nights, and is the first of its kind offered by the Department of Labor and Employment. At this online event, job… Continue Reading DOL offering virtual job fair

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Business inventories and sales rose July

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U.S. businesses added to their stockpiles in July for a 19th straight month and their sales increased by the most since March. The Commerce Department says business inventories rose 0.4 percent in July following a similar gain in June. Business sales increased 0.7 percent in July. The strong month for inventory growth shows businesses were… Continue Reading Business inventories and sales rose July

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Two years after the economic stimulus plan, a new government audit finds that about one-third of the money authorized for an energy efficiency program has not been spent. The Energy Department’s inspector general says that state and local governments have left as much $879 million unspent from a $2.7 billion program intended to boost energy… Continue Reading Gov’t audit: Stimulus funds for energy go unspent

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Fuel tax sends Colorado road officials to DC

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Colorado highway and transportation officials are headed to Washington to fight for an extension of the federal fuel tax. Congress must extend the tax or it expires Sept. 30. The Colorado Department of Transportation receives nearly $400 million a year from the federal fuel tax. Officials from of the Colorado Transportation Commission, the Denver Regional… Continue Reading Fuel tax sends Colorado road officials to DC

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Business orders, production of sales, employment and inventories in the Mountain States are treading slightly above growth neutral this summer but it seems confidence is slipping. About 33 percent of supply managers surveyed in Colorado, Utah and Wyoming say they expect an upturn in sales for the rest of 2011 while 14 percent expect a… Continue Reading Business in Mountain States flat, confidence down

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Republican presidential hopeful Mitt Romney is calling for lowering the corporate tax rate and eliminating capital gains taxes as part of a plan to try to lift the struggling economy and create jobs. The former Massachusetts governor was detailing 59 specific proposals aimed at fixing the nation’s stubbornly high unemployment rate, now at 9.1, at… Continue Reading Romney unveils economic plan ahead of Obama speech

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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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