by Rob Larimer Published: December 20,2010
Tags: income
Colorado’s personal income has grown for five consecutive quarters, according to Bureau of Economic Analysis. Personal income reached $216 billion in the third quarter, up 0.77 percent from $214 billion in the second quarter. After dropping in the second quarter of 2009, personal income in Colorado began to grow again in the third quarter of last year. The [...] [...]
by Nathan Rodriguez Published: November 11,2010
Tags: CFO, Colorado, Employment, income, job, recession, Taxes
More than 8 in 10 Chief Financial Officers believe the U.S. economy will not recover until the second half of 2011, if not later, according to a survey of more than 500 CFO’s conducted by Grant Thornton International. Just 24 percent of those surveyed said they plan to hire over the next six months, with [...] [...]
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months. Personal spending rose at an annual rate of 0.2 percent in September, the Commerce Department said Monday. That’s below the 0.5 percent gains recorded in July and August. Incomes fell 0.1 percent in [...] [...]
by Associated Press Published: August 3,2010
Tags: consumer spending, income, recession
The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economic recovery slowed in the spring. Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster consumer demand. Incomes were also flat, the weakest showing in nine months. The lack [...] [...]
Recreational Equipment Inc., otherwise known as REI to outdoor enthusiasts, more than doubled its earnings during 2009. The company reported that its profits increased from $29.8 million from $14.5 million during 2008. Operating expenses increased slightly to 37.8 percent from 37 percent a year ago. Operating income increased 36.6 percent to $100.6 million from $73.6 million [...] [...]
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