Colorado Springs tied with Bridgeport, Conn., for the ninth small city to “make it rich in,” according to CreditDonkey.com. Springs listed ninth thanks to its percentage of high income people (8.9 percent), it’s gross domestic product growth (11. 5 percent) and the 197 patents filed by city residents. “The area’s economy centers on military institutions […]
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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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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 […]
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Mike Jorgensen is everywhere these days — playing jazz guitar at the Colorado Springs Conservatory, serving on the boards of three nonprofit groups, and heading up the board for the Pikes Peak or Bust Rodeo. He’s about to get even busier — Jorgensen’s just been named chairman of the board for the Colorado Springs Regional […]
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El Paso County is ahead of other counties when it comes to planning for the silver tsunami, according to national experts who study the issue. Local community leaders are already rallying around the topic of aging trying to plan for the estimated 82,000 baby boomers, those over age 65, who will live in El Paso […]
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U.S. Senator Mark Udall says there is no reason to worry about the use of hydraulic fracturing to free up oil and gas deposits if it’s done properly. Hydraulic fracturing, or fracking, involves injecting vast amounts of water and chemicals to open deeply buried gas formations. People living near drilling areas have complained about water […]
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This week the National Cyber Intelligence Center’s board of directors changed the center’s name and announced its nationally searching for the center’s CEO to reveal by the fall, according to city officials. The board voted July 5 to change the name from the National Cyber Intelligence Center to the National Cybersecurity Center (NCC) because of “competing […]
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State and local leaders will meet Nov. 3 in Colorado Springs to discuss jobs. Billed as a “Jobs Renaissance” the goal of the summit is to share concrete ideas on how the state can create new jobs, said Karl Dakin, one of the event organizers and executive director, Sullivan chair for free enterprise at Regis […]
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Colorado Springs Mayor Steve Bach is putting out a call for an airport marketing expert. The expert ought to be familiar with strategies on marketing a regional airport in the shadow of an international airport, like Denver. City officials announced Friday that Colorado Springs airport aviation director Mark Earle was stepping down. Earle, city officials […]
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Colorado Springs Regional Economic Development Corp. documents tout that the organization has brought more than 19,000 jobs to Colorado Springs during the past decade. But that number isn’t accurate. The EDC keeps two sets of numbers, one that is the number of jobs companies say they expect to create when they move to the city, […]
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The 18th Annual Southern Colorado Economic Forum aimed to address a multitude of economic issues facing the Pikes Peak region. The event, which took place Oct. 10 at the Antlers Hilton, focused on both the current economic health of the region as well as a preview of the year to come. A panel discussion titled […]
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The news headlines might scream that this is the worst economic recovery ever, but one economist said it mirrors past recoveries, and in some areas is even better. “This recovery is falling in line with the last two recoveries,” said Jim Paulsen, Wells Capital Management chief investment strategist. At this rate, he said, the economy […]
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