Economy tracking toward recovery; local outlook not as rosy
As far as post recession recoveries go, the country is right on track. Never mind the screaming headlines that predict the end of the world, said Jim Paulsen, Wells Capital Management chief investment strategist. “I just think there are high odds that (the world) won’t end,” he said. Paulsen, who has been named a top [...]
How to get there: Local economists have ideas for stimulating job growth
August 17, 2012 Comments OffWhile Mayor Steve Bach won’t talk about his plans for job creation, local economists have ideas of their own. “I’m intrigued by some of the options,” Tom Binnings, partner at Summit Economics, said. “I think the EDC historically has targeted the right industries — the high-tech, high-paying jobs. But maybe there are some ‘sleepers’ we [...]
Continue reading …What difference does a year make? When it comes to the Colorado Springs economy: very little. At this time last year, the city was optimistic about the path forward. Fred Crowley, professor of economics at the University of Colorado at Colorado Springs and principal of the Southern Colorado Economic Forum, predicted steady recovery. And he [...]
Continue reading …The local economy is improving, despite what naysayers are wont to say. It’s not all doom-and-gloom anymore, and one local economist is out to prove it with data. Year-to-date residential home resales are up 8 percent in El Paso County. Nationally, however, resales are down 22 percent. “We’ve fared so much better than the national [...]
Continue reading …It might not feel like it for everyone, but the local economy is definitely up.
Continue reading …Competition in the renewable energy sector is increasingly intense and many cities are far ahead of Colorado Springs, posing huge hurdles in the region’s effort to gain a foothold in the market. That’s the clear-eyed conclusion of a UCCS study published recently by Dr. Fred Crowley’s MBA class. The class, which generated a 226-page assessment [...]
Continue reading …The greatest job growth in alternative energy is in the manufacturing side of the industry. That’s the word from a comprehensive report from a group of MBA students at the University of Colorado at Colorado Springs, who conducted a study of regional alternative energy issues. The results show that renewable energy jobs pay well – [...]
Continue reading …New economic data suggests that El Paso County is pulling out of the recession. Jobs, housing numbers, car sales and the return of Fort Carson soldiers are some of the economic indicators that point to an emerging economy, said University of Colorado at Colorado Springs Senior Economist Fred Crowley. Real wages are expected to increase for [...]
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