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  The latest signs of a rebound in the housing market and a handful of better earnings reports were enough to bring buyers back to the stock market Wednesday.   The Dow Jones industrial average rose 69 points to 12,874 in the first 1 ½ hours of trading, overcoming an early deficit of 50 points.… Continue Reading Jump in housing starts, earnings send stocks up

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  The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.   The report led some economists to downgrade their estimates for economic growth in the April-June quarter. Many now think the economy grew even less than in the… Continue Reading US economy appears weaker as retail sales slump

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Voters say that creating jobs and strengthening manufacturing are top U.S. priorities, according to a poll of focus groups conducted by a bipartisan team of prominent Republican and Democratic pollsters. By a sizeable margin, voters rated manufacturing as the industry “most important to the overall strength of the American economy,” and support a national strategy… Continue Reading Voters: Jobs and manufacturing are top priorities

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  U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild, leaving the Federal Reserve room to take steps to boost the economy.   The Labor Department said Friday that the producer price index increased 0.1 percent in… Continue Reading U.S. wholesale prices rise 0.1 percent in June

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U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring. Job openings rose to a seasonally adjusted 3.6 million, the Labor Department said Tuesday. That’s up from 3.4 million in April. It’s also the second-highest level in nearly four years, just behind March’s 3.7 million.   Still,… Continue Reading U.S. job openings rose in May, good sign for hiring

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  A sobering economic snapshot intensified the presidential campaign on Friday as President Barack Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning.   A stand-pat jobless report that left the unemployment rate unchanged at 8.2 percent set a new standard from which to… Continue Reading As Obama campaigns, jobs numbers sure to set tone

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The Greater Colorado Springs Chamber and EDC rallied business leaders, city and county officials, utility representatives, and bankers to form a rapid response team for businesses affected by the fire. Continue Reading Groups rally to support businesses in recovery

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Colorado’s economy is adding jobs at a faster rate than last year, and manufacturers are benefitting from expansion in the energy industry. That’s the latest word from the Goss Institute for Economic Research, which issues monthly reports about the economies in the mountain region – made up of Colorado, Utah and Wyoming. “Colorado’s job additions… Continue Reading Colorado’s hiring up in 2012, trend not expected to continue

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ULI to present recommendations Friday

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A panel of 10 national experts in downtown redevelopment and revitalization will present its recommendations for helping Colorado Springs achieve a downtown renaissance Friday morning. The Urban Land Institute sent a group of experts to the city at the request of the Downtown Development Authority, which footed most of the $125,000 bill for the study.… Continue Reading ULI to present recommendations Friday

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Manitou cash mob canceled

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A mob of 800 people who planned to descend on Manitou Springs today to patronize businesses changed plans after the dramatic turn the Waldo Canyon Fire made Tuesday night. “Due to the sudden developments in Colorado Springs, resulting in the loss of homes and property, this event is canceled,” organizer Bob Falcone wrote on the… Continue Reading Manitou cash mob canceled

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