Economic growth in the Mountain States region has exceeded that of the national economy yet again. For the past two years, economic indicators have been higher than the national average, according to the Goss Institute for Economic Research. And in Colorado, the state’s economic indicators also advanced thanks to new orders,...
Mac McClung was working Tuesday in his Woodland Park shop, Bad Rock Automotive, when a mini flash mob surrounded him and began taking pictures. The group, from Pikes Peak Area Rotary Clubs, surprised him with a check for $2,000. It was a collective business hug and the group gave out two that day and has […]
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One-third of employees have lunch at their desk each day, and another third take no lunch at all, according to a new survey by Right Management. The company polled 751 workers in North America and asked how often they break for lunch. “Lunch patterns allow us to infer a few things...
Crude oil prices fell below $105 a barrel Tuesday on concerns about global economic growth and the prolonged tensions over Iran's nuclear program. Benchmark oil for April delivery was down $1.87, or 1.7 percent, to $104.85 a barrel in early afternoon trading on the New York Mercantile Exchange. In London,...
Colorado is receiving $15.3 million in federal grants to fund several transportation projects. U.S. Transportation Secretary Ray LaHood says the grants announced Wednesday will create jobs and strengthen the state economy. The grant money will help with the widening of Interstate 225 between Parker Road and Mississippi Avenue in Denver. The...
Colorado has $1.6 billion extra to spend this year, said House Minority Leader Brian DelGrosso, R-Loveland, and the state needs to devote dollars to rebuild infrastructure destroyed by this year’s flooding and wildfires. At a legislative breakfast sponsored by the Colorado Springs Business Journal, DelGrosso appeared as a panelist, along with Colorado Springs representatives Bob […]
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The city’s two main business groups have formalized their plans to unify and named its board members. The Greater Colorado Springs Chamber of Commerce and the Colorado Springs Economic Development Corp. will become the Greater Colorado Springs Chamber and EDC, as of Feb. 1. The new board will include: Chris Blees of Biggs Kofford; Frank […]
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  The price of oil dipped below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe's debt crisis and its potential impact on global growth.   Benchmark oil for June delivery rose 8 cents to $92.89 a barrel in midday trading on the New York Mercantile Exchange....
Global stocks fell again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe's debt crisis, which is stoking acute fears over the continent's banking sector. However, smaller than anticipated losses on Wall Street helped European markets recoup a large chunk of their earlier losses by...
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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  A video crew from the destination marketing organization Brand USA captured recreation on Pikes Peak and near Garden of the Gods Aug. 25 to attract more international outdoor enthusiasts to the area. In partnership with the Colorado Springs Convention and Visitors Bureau and Colorado Tourism Office, Brand USA filmed horseback riding and hiking near […]
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  The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously urged Europe’s leaders to prevent an overseas debt crisis from dragging down the rest of the world.   At a White House news conference five months before Election Day, the president […]
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