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Blue skies ahead: Fort Carson benefits from revived funding, a sign of its stature

Blue skies ahead: Fort Carson benefits from revived funding, a sign of its stature

While President Barack Obama was signing a $1.1 trillion appropriations act into law last week, Colorado Springs’ reassured Army outpost was looking at a hefty check it is waiting to cash. Of the $487 billion that the legislation set aside for the Department of Defense’s fiscal year 2014 budget, $9.8 billion will fund military construction… Continue Reading Blue skies ahead: Fort Carson benefits from revived funding, a sign of its stature

New defense funding sets Piñon Canyon limits

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The National Defense Authorization Act, which was signed into law in late December by President Barack Obama, includes language that would ensure the protection of land surrounding Fort Carson’s primary remote test site. An amendment to the act that was introduced by U.S. Sen. Mark Udall, D-Colorado, and U.S. Rep. Cory Gardner, R-Yuma, now requires… Continue Reading New defense funding sets Piñon Canyon limits

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Local economy’s improving health reflected in banking and finance

It won’t be the best of times, but it definitely won’t be the worst of times. Throughout the financial industry, 2014 is shaping up to be a modest, perhaps decent year. Nationally, the Dow Jones Industrial Average closed at record high levels 51 times during 2013, while the S&P 500 closed at all-time highs 44… Continue Reading Local economy’s improving health reflected in banking and finance

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Survey: Local businesses face obstacles

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Almost any survey of the Colorado Springs business community will produce a mixture of positive and negative results. Given that basic assumption, nobody in a crowd of about 75 local leaders should have been too surprised last week when Summit Economics unveiled its third biennial Pikes Peak Region Business Climate Survey. Just as in 2009… Continue Reading Survey: Local businesses face obstacles

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While Mayor Steve Bach won’t talk about his plans for job creation, local economists have ideas of their own. “I’m intrigued by some of the options,” Tom Binnings, partner at Summit Economics, said. “I think the EDC historically has targeted the right industries — the high-tech, high-paying jobs. But maybe there are some ‘sleepers’ we… Continue Reading How to get there: Local economists have ideas for stimulating job growth

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One of Colorado’s most distinguished economists, Tucker Hart Adams, has merged her company, The Adams Group, with Summit Economics. Adams founded Adams Group, a regional economic consulting firm, in 1989. She has been in semi-retirement for the past two years. After retiring in 2008 as regional economist for U.S. Bank, she stopped making economic forecasts,… Continue Reading Adams exits retirement to merge with Summit Economics

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