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Trade deficit falls for second straight quarter

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The Commerce Department is reporting today that the account trade deficit fell 5.5 percent to $178.5 billion during the third quarter – that’s the lowest level in two years and a possible indicator that the nation’s trade issues could be calming. The current account is the most comprehensive measure of trade because it includes not… Continue Reading Trade deficit falls for second straight quarter

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Colo. bankers confident in local economy

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Despite tighter bank lending standards and loan demand declines, Colorado bankers expect little change in total bank lending next year and even growth in commercial lending. The measure of optimism comes from a Colorado Bankers Association survey of perceptions of business conditions by several hundred Colorado bankers between Dec. 3 and Dec. 10, 2007. The… Continue Reading Colo. bankers confident in local economy

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Farm income strong in 3Q

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U.S. farm income surged during the third quarter of this year, according to the Federal Reserve Bank of Kansas City’s third quarter Survey of Agricultural Credit Conditions. The survey covers Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri. Strong crop prices and a bountiful fall harvest are reasons for the healthy quarter,… Continue Reading Farm income strong in 3Q

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Higher education in Colorado accounts for $4.25 billion in wages and salaries, according to a study released yesterday [630Kb pdf] by the Adams Group. The analysis counted 57,675 people working in higher education in Colorado, with another 39,888 indirect or induced jobs. The $4.25 billion figure comes from the assumption that the jobs pay the… Continue Reading State’s higher education creates $4 billion in wages and salaries

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New Small Business Resource Guide available

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The 2008-09 Colorado Small Business Resource Guide is now available. The guide includes key information such as a checklist for starting a business, legal structure and registration requirements, property and sales tax mandates, bookkeeping guidance, and financing options. It is the official source referenced by Colorado governmental offices in support of emerging or established small… Continue Reading New Small Business Resource Guide available

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8 Denverites on Forbes’ billionaire list

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Don’t hate our neighbors to the north because they’re rich. Eight Denverites made Forbes’ 2007 list of the world’s wealthiest, up from six the previous year. EchoStar CEO Charlie Ergen leads the Colorado list, with his fortune growing to $10 billion from $6.7 billion during 2005. Qwest founder Philip Anschutz saw his wealth increase to… Continue Reading 8 Denverites on Forbes’ billionaire list

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Kaiser gives $16 million to fight obesity

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Kaiser Permanente announced yesterday that it will give $16 million to support a statewide anti-obesity program. Kaiser will disperse the money over five years to the nonprofit LiveWell Colorado, a public-private program to fight obesity in the state. LiveWell was established in March by Kaiser, the Colorado Health Foundation and the Colorado Department of Public… Continue Reading Kaiser gives $16 million to fight obesity

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Colorado SBA Director retiring

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Patricia Barela Rivera, the state district director for the Small Business Administration, will retire from her post Jan. 3. Region eight administrator Elton Ringsak said Ron Solberg, the Colorado Lead Business Development Specialist, will temporarily fill her position until a replacement is found. The state director is responsible for implementing national SBA programs and dispersing… Continue Reading Colorado SBA Director retiring

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Goodwill receives state staffing contract

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Goodwill Staffing Services has been awarded a contract from the State of Colorado to fulfill temporary staffing needs in El Paso and surrounding counties. Temporary employees may be hired to work at state-run colleges, correctional facilities, the Department of Revenue and the Forest Service. Goodwill Staffing Services is a division of Goodwill Industries of Colorado… Continue Reading Goodwill receives state staffing contract

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Al’s purchases Mister Neat’s

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Al’s Formal Wear has acquired all the assets of Mister Neat’s Formalwear, the largest formal wear company in Colorado. Mister Neat’s Formalwear was founded in 1972 and has a distribution center in Loveland and 17 retail stores throughout the state, including three in Colorado Springs. Al’s Formal Wear has been in business for more than… Continue Reading Al’s purchases Mister Neat’s

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