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WASHINGTON (AP) – The government says consumers increased spending for a second straight month in February even though their incomes slipped due to continuing massive layoffs.The Commerce Department reported Friday that consumer spending edged up 0.2 percent in February, in line with expectations. That follows a huge 1 percent jump in January that was even… Continue Reading Consumer spending increases for second straight month

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Health care has always been considered a recession-proof industry — but this time around, that isn’t the case. Hospitals and doctor practices are trying to find ways to cut costs and streamline operations. Saving money through internal controls, billing and cutting costs are some ways doctors can ensure their practices thrive despite the stagnant economy… Continue Reading Tough economy hitting even the recession-proof

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Equilibrium — when supply equals demand — or disequilibrium, the opposite, of course, can exist in either the capital markets or in the goods markets. Fred Crowley, senior instructor at the College of Business at the University of Colorado at Colorado Springs, was the keynote speaker at an Artemis luncheon on Monday at the Penrose… Continue Reading All things being equal, we’re in better shape than some

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In its fourth quarter recap of the Colorado Springs residential real estate market published this month, the Denver-based Genesis Group provided a forecast for the remainder of 2009. Acknowledging current “bleak conditions,” Genesis reporter Sue Selle said Colorado Springs is better positioned to improve once the national economy begins to recover.  She also cited the… Continue Reading Springs real estate market better-poised for recovery

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Tips for selling in a tough economy

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LONG ISLAND, NY — The economy stinks right now for most of us, but there are still plenty of opportunities. You can give in to the gloom or you can dig in and do the things you need to do in order to survive and thrive, no matter what the economic indicators tell us. Here… Continue Reading Tips for selling in a tough economy

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