Colorado Springs economy is expected to remain flat in 2012, while the U.S. economy could face four to 10 years of economic uncertainty.
Economic growth in 2012 in Colorado Springs will remain stagnant, said Tom Zwirlein, a professor of economics at the University of Colorado at Colorado Springs and one of the directors of the Southern [...] [...]
The news headlines might scream that this is the worst economic recovery ever, but one economist said it mirrors past recoveries, and in some areas is even better.
“This recovery is falling in line with the last two recoveries,” said Jim Paulsen, Wells Capital Management chief investment strategist.
At this rate, he said, the economy should gear [...] [...]
Colorado Springs as an economic hub is like an awkward-aged adolescent who is not quite a teen-ager and is no longer an adolescent – a “tweener,” said a national expert who studies why businesses relocate to certain cities or regions.
The Springs has a favorable reputation in the national business world with its decent distribution and [...] [...]
El Paso County’s economy relies heavily on the military for its job creation, housing growth and increases in personal income.
That could mean trouble in the coming year if a 12-member “super committee” decides to cut billions from the federal budget, including defense spending over the next 10 years.
“That ‘gang’ of 12 could have a pretty [...] [...]
Business conditions are gradually improving in the Pikes Peak region, according to the most recent quarterly update from the Southern Colorado Economic Forum.
The business conditions index tracked by the forum shows increases every quarter for the past year.
“This indicates that the condition of the local economy has shown steady improvement,” the report said. “Additional improvement is expected [...] [...]
There are some bright spots in the local economy.
That’s the word from Tom Zwirlein, director of the Southern Colorado Economic Forum, at today’s annual Vectra Bank Economic Forum at Cheyenne Mountain Resort.
Zwirlein told the crowd of more than 200 people that sales tax, on a nominal basis, was up 6 percent last year in the [...] [...]
The outlook for local retailers indicates a better holiday season this year than last.
Most of the residents in El Paso County who responded to a Southern Colorado Economic Forum survey said they plan to do their holiday shopping in the area.
Thirty percent of shoppers intend to make the majority of their purchases at the Chapel [...] [...]
Pent-up consumer demand is one of the things that will help the national economy recover. The debt burden of households is the lowest it’s been in more than 13 years.
That’s the word from Gary Schlossberg, senior economist for Wells Capital Management, who was keynote speaker this morning at the 14th annual Southern Colorado Economic Forum.
About [...] [...]
Recruiters, hoping to lure employers to the region, should pursue the manufacturing sector, instead of, say, sports organizations or nonprofits. [...]
The days are shorter. The leaves are turning, and the Southern Colorado Economic Forum is right around the corner.
About 600 community leaders, executives and small-business owners are expected to attend the 13th annual forum at the Antlers Hilton Oct. 1.
Many business owners depend on the forum for insight into the coming year, as they update [...] [...]