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The challenges of investing in our family

There’s no money to support economic development. We need money for stormwater, roads and bridges. Why should I give City Hall more money when they waste the taxes we pay?  These are the assertions I hear around our family dinner table, requiring us to gain perspective. In anthropological economics, the concept of societal surplus refers… Continue Reading The challenges of investing in our family

Economic perspectives on stormwater

By Tom Binnings Senior Partner at Summit Economics   As an economist who is seriously concerned about the trajectory of our local economy, I was pleased to hear Tom Zwirlein of UCCS advocate for passing the Stormwater 1B initiative at the Southern Colorado Economic Forum last week. While I was greatly enthused with Dr. Zwirlein’s… Continue Reading Economic perspectives on stormwater

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Springs’ economic preamble to our future

By Tom Binnings Summit Economics Colorado Springs has reached a critical moment in its economic history. This moment is similar in profile to the city’s founding in the 1870s, the Gold Rush around 1900, then World War II followed by the Cold War, and finally the growth of high-tech manufacturing and information technology in the… Continue Reading Springs’ economic preamble to our future

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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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