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Housing construction is up, consumer confidence is up and more than 21,000 new cars are expected to be sold in the county by year’s end. These are the biggest changes in this latest quarter in El Paso County from one year ago and mark some of the county’s strongest performance since bottoming out in February… Continue Reading El Paso County housing, auto sales and confidence up, UCCS report says

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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… Continue Reading Economy tracking toward recovery; local outlook not as rosy

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The health care industry is in a transition phase, moving from simply caring for people when they’re sick to keeping them well. A panel of local and state health care experts at the Southern Colorado Economic Forum this morning said the industry was entering what it calls “curve two,” a different way to deliver care.… Continue Reading Health care is entering a second curve, panelists say

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Economists predict zero economic growth in 2012

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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… Continue Reading Economists predict zero economic growth in 2012

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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… Continue Reading Forum economists at odds about Springs’ recovery, double-dip recession

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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… Continue Reading Forum: Springs needs to ‘grow up’ economically

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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… Continue Reading SoCo Economic Forum Preview: County relies too heavily on military

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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… Continue Reading Region’s economic condition improving with every quarter

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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… Continue Reading Vectra’s economic forum: Economy still sending mixed signals

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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… Continue Reading More shoppers staying in El Paso County this year

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