Colorado Springs manufacturing represents about 4.4 percent of all jobs in the area – and 40 percent of them are considered high-tech. After a decade of losing manufacturing jobs, Colorado Springs saw a .5 percent employment growth in the fourth quarter of 2010. However, Pueblo is the real manufacturing come-back-kid, with 9.1 percent manufacturing growth [...] [...]
Colorado Springs suburbs are bucking a nationwide trend known as “the suburbanization of poverty.” While the number of poor people living in suburbs grew by 25 percent from 2000 to 2008, the poverty rate in Colorado Springs’ suburban areas showed no change – but a significant increase inside the city limits, according to findings from [...] [...]
Colorado Springs is recovering from the recession in nearly every area except housing. A study by the Brookings Institute places Colorado Srpings’ economic indicators near the top half of 100 metro areas nationwide. The city ranks in the top 10 for the lowest unemployment rate. Housing prices made it 43rd on the list, while employment [...] [...]
Colorado Springs’ economic performance amid the recession ranks No. 41 of the 100 largest U.S. cites, according to a Brookings Institution study about the economic downturn’s impact on urban America. Denver ranked No. 39. In its “Metro Monitor” report, released this week, the Brookings Institute assessed how the recession has affected big-city employment, wages, gross [...] [...]
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