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Springs ranks as 14th fastest-growing MSA

Colorado Springs is the 14th  fastest-growing metropolitan area. According to a Pitney Bowes survey, the city is projected to grow 6.2 percent – or add 15,459 households – in the next five years, an annual rate of 1.3 percent. That’s in line with national trends, with 98 percent of U.S. metropolitan areas expected to grow [...]

Retail sales ticked down slightly in October as consumers halted discretionary spending in the face of inclement weather and uncertainty in Washington. October retail sales – excluding automobiles, gas stations and restaurants – decreased .3 percent seasonally adjusted from September, but increased 3.9 percent from October 2011. “While Hurricane Sandy certainly impacted consumer spending in [...]

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Home prices in major U.S. cities rose in May for the second straight month, propped up by a flurry of spring buyers. But after adjusting for such seasonal factors, prices fell in a majority of markets. The Standard & Poor’s/Case-Shiller home-price index released Tuesday showed that prices rose in 16 of the 20 cities tracked. [...]

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