A mob of 800 people who planned to descend on Manitou Springs today to patronize businesses changed plans after the dramatic turn the Waldo Canyon Fire made Tuesday night. “Due to the sudden developments in Colorado Springs, resulting in the loss of homes and property, this event is canceled,” organizer...
Chuck Murphy, who has had a major impact on the Colorado Springs economy as well as historical preservation in the area for a half-century, won an honor Saturday night that recognized his lifetime of efforts and achievements. Murphy was named Business Citizen of the Year for 2014 by the Colorado Springs Regional Business Alliance, capping […]
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Pikes Peak Community College packs a $323 million economic punch to El Paso County, and that's just a portion of the $3 billion annual economic impact that community colleges bring to Colorado.
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Judging by recent conversations with some of the commercial real estate community’s finest, the Pikes Peak region is suffering a few setbacks, but most brokers are busy. Foreclosures are up (29 recorded in the Daily Transcript this week), but savvy investors are poised for bargains – and new employers are still making announcements. Here’s hoping […]
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Personal income levels in the third quarter of this year rose above their 2008 peak for the first time since the recession began, according to a report from the Bureau of Labor Statistics. Personal income in Colorado hit a peak of $225 billion in the third quarter, up 3.28 percent...
Real gross domestic product — the value of the production of goods and services in the United States, adjusted for price changes — increased at an annual rate of 5 percent in the third quarter of 2014, according to the "third" estimate released by the Bureau of Economic Analysis....
El Paso County baby boomers could mean big business for those who figure out how to market and create new products and services for the generation with spending power. “There has been abuzz over the last few years about business and boomers,” said Brent Green, CEO of Brent Green &...
While the economic index for the mountain states remains higher than the national average, leading economic indicators are slipping, according to the Goss Institute for Economic Research. The overall business conditions index slipped to 56.1. The index is a measure of indices for new orders, production, employment, inventories and delivery...
Following a recent trend, 410 call center employees are being laid off in Colorado Springs this fall; however, other customer service centers seem eager to employ them. “If someone wants to stay working in call centers, they easily can,” said Jennifer Pierceall Herman, the industry relations manager for the Pikes Peak Workforce Center. “As soon […]
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Colorado Springs’ economy ranked 178th in economic growth among 515 large cities in the United States by WalletHub. Within the state rankings, Colorado Springs was listed 11th, behind Denver, Longmont, Boulder, Fort Collins, Greeley and others. The WalletHub study, 2015 Cities with the Fastest Growing Economies, used 10 significant metrics...
Colorado Springs ranks in the top 20 “best-run cities,” according to the website 24/7wallst. The article ranked the top best- and worst-run cities in the nation – San Bernadino is the nadir, and Plano was the zenith. In between, Colorado Springs ranked 14th on the best-run list, besting cities like Boston and Portland, Ore. In […]
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Frontier Airlines says it's cutting 100 jobs in Denver in the next few weeks and 120 positions at its Milwaukee hub in January. Airline spokesman Peter Kowalchuk says most cuts in Denver will come through attrition. Some employees have also been asked if they'd be willing to move from full-...