Business orders, production of sales, employment and inventories in the Mountain States are treading slightly above growth neutral this summer but it seems confidence is slipping. About 33 percent of supply managers surveyed in Colorado, Utah and Wyoming say they expect an upturn in sales for the rest of 2011...
Republican Rep. Mike Coffman says members of Congress should follow millions of American workers and give up their pensions. The Republican from suburban Denver says that when Congress returns from recess, he'll suggest cutting the pension available to members with at least five years' service. Coffman says that the bad economy...
Just because its Saturday, doesn’t mean workers are taking a break. According to a Right Management survey, more than one-third of workers get regular weekend emails from their boss that they have to respond to, and another one-third occasionally get those kinds of emails. “The convenience of workplace technology is matched...
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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  U.S. employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead.   The Labor Department said Tuesday that job openings fell to a seasonally adjusted 3.4 million in April, down from 3.7 million in March. The March figure was the highest...
After a banner year for the tourism industry in Colorado Springs and the Pikes Peak region, Mayor John Suthers confirmed Nov. 3 at the Colorado Springs Convention & Visitors Bureau’s annual tourism dinner that Frontier Airlines will add more routes at Colorado Springs’ airport in 2017. Suther’s said the airport’s Commercial Aeronautical Zone continues to track […]
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U.S. employers advertised slightly fewer jobs in October, a modest decline from a three-year high hit in the previous month. Companies and governments posted 3.3 million jobs in October, down from 3.4 million in September, the Labor Department said. October's level was the second highest in the past three years. "Despite...
Colorado Springs residents started getting their holiday shopping on in November, pouring $10.2 million into city coffers with sales and use tax. The City is reporting that sales and use tax collections in December, which represent sales activity in November, are up 14.1 percent over the same month last year. So far, that is the […]
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Most employees say their job is unrewarding and saps their energy, according to a new survey by a talent and career management service. Only one employee in five considers their job rewarding and gratifying, said the survey by Right Management, a subsidiary of ManpowerGroup. The survey was conducted in December and...
In recent years, “startup” has become among the most frequently used terms in the business world — but along with its ubiquity has come some confusion as to its definition. British venture capitalist Paul Graham defined a startup company as simply one that is built for scalability. “Being newly founded does not in itself make […]
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The price of oil is rising after U.S. crude inventories shrank more than expected for a fourth consecutive week.   Benchmark oil rose 31 cents to $97.15 per barrel Wednesday in New York. Brent crude fell 5 cents to $114.59 per barrel in London.   The government says crude inventories totaled 360.7 million...
The employment picture in the state continues to present interesting trends, including a slightly better unemployment rate than the country but a loss of government jobs. Employers in Colorado added 7,100 nonfarm payroll jobs from December to January and the state's unemployment rate improved, now slightly better than the national...