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U.S. automakers rebounded in July to boost factory production by the most since the Japan crisis. But builders broke ground on fewer single-family houses, leaving home construction at depressed levels. The mixed data suggest the economy remains fragile but is not on the cusp of another recession. Overall industrial production, which includes output by utilities, […]
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  PlanCOS has won official approval, but the hard work of implementing it has just begun. As the plan goes into effect, the city will continue to seek input from business owners, employees and residents. Led by a blue-ribbon steering committee, thousands of residents, business owners and employees and representatives of the city’s nonprofits helped […]
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Two major events influenced veteran Fred Johnson: the Oklahoma City bombing and the 9/11 attacks.  He was living in Oklahoma City in 1995 when the federal building there was bombed in a domestic terrorist attack. Johnson moved to Texas, where on the day of the 9/11 attacks he was working as a travel assistant. These […]
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Fresh out of college in 1973, Maryo Gard Ewell worked with New Haven, Conn. city leaders to try to create an arts district in a sullen and deserted part of the city that fell victim to 1960s urban renewal policies that replaced historic buildings with parking lots. She was a bit ahead of her time, […]
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The economic indicators for Colorado were a mixed bag in October, according to the business conditions index from the Goss Institute for Economic Research. While the state’s economy continues to grow, telecommunications companies are cutting jobs, and manufacturing for durable goods have slowed, said Dr. Ernie Goss, director of the institute. “Non-durable goods producers are […]
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Colorado Springs Mayor Steve Bach has instituted a new way of helping businesses form and grow that many believe is helping the Springs become the “most business friendly city” in the state. However, the program apparently hasn’t been as successful at creating jobs as the city’s economic vitality office touts. The office says its newly […]
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CenturyLink, in partnership with the Colorado Springs Sky Sox and the Colorado Springs Small Business Development Center, is promoting the Small Business Spotlight, which provides exposure to 35 small businesses over the course of the minor league baseball season. The Spotlight is designed to help small businesses in the Colorado Springs area. In the current economic […]
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When Kum & Go abandoned plans last week to build on the Goodwill parcel in Old Colorado City, it turned planning for the property into a redevelopment race. At least one developer plans to make an offer on the property next week, a second anonymous developer is piecing together a proposal and Goodwill now says […]
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Bal Seal Engineering Inc. broke ground Thursday on a 155,000 square-foot manufacturing plant that promises 200 jobs in the next two years. Local and state government officials, local business leaders, small business owners and Bal Seal employees celebrated at the 18-acre site, off InterQuest Parkway and Federal Drive in northern Colorado Springs. The project was […]
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In many communities, economic development is viewed as an investment in the community’s future. Economic development can be viewed in several different ways, from encouraging an entrepreneurial and startup-friendly business environment to actively recruiting larger companies to relocate to our region. Communities across the country see economic development as a requirement to remain competitive in […]
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Lawmakers will hear testimony on a bill to prohibit employers from using consumer credit information against potential employees unless they’re applying for a job that involves financial decisions. Democrats sponsoring the proposal say the use of credit information creates barriers for people who have recently lost their jobs and are looking for employment. The bill […]
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At its regularly scheduled meeting on Aug. 28, the Colorado Springs Urban Renewal Authority board approved the Copper Ridge Redevelopment Plan on a narrow 5-3 vote. Of the nine active urban renewal projects approved by CSURA, Copper Ridge is easily the most controversial. City Council originally approved the plan in 2010, but deferred action on […]
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