Colorado Springs unemployment figures remained unchanged in July, according to preliminary data from the Colorado Department of Labor and Employment. The area’s unemployment rate is 9.8 percent, higher than the state’s average of 8.3 percent. Colorado’s unemployment rate went up .1 percent in July from  the previous month. The state’s labor department said the increase […]
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On Monday afternoon, downtown hotelier and entrepreneur Perry Sanders formally abandoned his quest to repurpose Antlers Park as the sports and events center as part of a City for Champions proposal, stating he had found “a better downtown site.” Sanders confirmed the previous site was a last-ditch choice, brought forward because of time constraints. Unless […]
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The annual report about progress of the South Academy Boulevard revitalization project is a mixed bag. City planners presented the report to City Council this week, and while new retail development along the corridor is planned, job opportunities are on a downward slope and overall progress seems to have hit a red light. “I like […]
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In some ways, the local economy is showing its strongest performance since bottoming out in February 2009, but there are still concerns about employment and real income, according to the Southern Economic Forum’s quarterly update. The regional manufacturing index is up 43 percent since the recession and consumer confidence is up 19 percent. Economists at […]
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Small-business owners are almost always concerned about finances, but they usually have other business challenges that also demand their attention. And they often lack the skills to handle them. Those owners and their companies can greatly benefit from professional consultants who provide expertise in critical areas of business where owners may be inexperienced. Those resources […]
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Before the U.S. became a nation of suburbs, neighborhoods would often include small cafés and markets mixed among the houses. “I think that’s one of the reasons we wanted to open Willamette Market and Deli,” said co-owner Natalie Peck. “We are from Portland [Ore.] and could walk from our house there to a market and […]
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  UPS expects the global economy to get worse before it gets better. Again.   The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It predicts global trade will grow even slower than the world’s economies — a trend not seen since the recession. It’s making cuts in its […]
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As a minority business owner, Rodney Gullatte Jr. says it’s important for his counterparts to get out of their silos. “I’m the only black person in most places that I do business,” said Gullatte, the owner of Firma IT Solutions and Services. One way he deals with that is to be highly visible in the […]
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  Falling natural gas prices are taking a toll on La Plata County’s budget.   The county was told Tuesday it could lose more than $920,000 in property-tax revenue because of a 25 percent drop in natural gas prices last year.   The assessed value of oil and gas development in the county changes annually […]
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Colorado’s economy is adding jobs at a faster rate than last year, and manufacturers are benefitting from expansion in the energy industry. That’s the latest word from the Goss Institute for Economic Research, which issues monthly reports about the economies in the mountain region – made up of Colorado, Utah and Wyoming. “Colorado’s job additions […]
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  A measure to increase tax rebates an incentives for film production in Colorado will be signed into law.   The new law will increase the tax incentive the state gives production companies from 10 percent to 20 percent. The refund is given to filmmakers to help offset costs for in-state expenditures.   Colorado’s new […]
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  A sobering economic snapshot intensified the presidential campaign on Friday as President Barack Obama rolled through two vote-rich battleground states and Republican Mitt Romney fended off conservative complaints about his plan for winning.   A stand-pat jobless report that left the unemployment rate unchanged at 8.2 percent set a new standard from which to […]
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