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Springs Ranks 41st Among nation’s biggest 100 cities
Colorado Springs’ economic performance amid the recession ranks No. 41 of the 100 largest U.S. cites, according to a Brookings Institution study about the economic downturn’s impact on urban America. Denver ranked No. 39. In its “Metro Monitor” report, released this week, the Brookings Institute assessed how the recession has affected big-city employment, wages, gross metropolitan product,... [Read more]
Road construction work in the area
A roundup of major road construction in the Pikes Peak area: Academy Boulevard and Airport Road: Water main work on Academy Boulevard at Airport Road. Traffic on Academy Boulevard will be restricted to two through lanes in each direction. Businesses and residential access will remain open during the roadwork. Northbound I-25 between Rockrimmon Boulevard and N. Nevada Avenue: Left lane and shoulder... [Read more]
Today is the last day to appeal property values set by assessor
Today is the last day to appeal your property value resulting from the 2008 reappraisal. The El Paso County Assessor’s Office reports fewer appeals have been filed than expected, which is surprising because the reappraisal resulted in a good number of homes being valued higher than the previous reappraisal despite a plunge in values during the last year. Property values were higher than some... [Read more]
El Paso County’s population flirts with 600,000 mark
El Paso County’s population climbed 1.7 percent from 2007 to last year, hitting an estimated 596,053 people, according to data released today by the U.S. Census Bureau. The county’s mix of racial and ethnic minorities stayed roughly the same. The two largest minorities, blacks and Hispanics, make up 7 percent and 13 percent of the population, respectively. Hispanic origin is treated separately... [Read more]
Economists React: Shift from ‘End of the World’ to ‘Regular Slump’
The following article contains economists and others weighing in on the jump in consumer confidence. The index level is almost now back to where it was last summer, which was just before panic and paralysis set in and the index fell off a cliff to levels never before recorded. With the recovery in the index over the past two months led by the forward-looking component, the big question now is whether... [Read more]
Sizzle and Smoke – The Best of Barbeque
Americans are passionate about their barbeque – make no mistake about it. But not all barbeque is created equal. Southerners swear by their smoked pork while Californians crave their grilled tri-tip roasts. But whether it’s slow roasted or grilled, smoked or sauced, barbeque is the perfect food to bring people together. So if you’re looking for some new ways to wow your friends,... [Read more]
Pending Home Sales Rise, Housing Affordability Near Record
Washington, May 04, 2009 Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the National Association of Realtors®. The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82.0 in February, and is 1.1 percent higher than March 2008... [Read more]
Being Safe in Your Own Backyard
As the days continue to get longer and the weather gets warmer, we will all be spending more time outdoors. Here are some tips to help keep you and your family safe outside. The great outdoors! After working, going to school, or running errands all day, many people love to rest, relax, unwind, and play outdoors and take part in recreational activities. The outdoors offers many opportunities for... [Read more]
Jobs: Finally a Little Less Doom
ADP says there were 31% fewer private sector job losses in April, while outplacement firm says pace of layoffs slows. NEW YORK (CNNMoney.com) — The pace of U.S. job losses may be slowing, according to two private reports released Wednesday. Automatic Data Processing, a payroll-processing firm, said private-sector employment decreased by 491,000 in April, a 31% improvement from the revised... [Read more]
A Promising Sign – Fed Chairman Bernanke Points to Signs of Bottom of Economy and Upward Turn
RISMEDIA, May 6, 2009-In a testimony delivered before the Joint Economic Committee, U.S. Congress in Washington, D.C., Federal Reserve Board Chairman Ben Bernanke offered his views on recent economic developments, the outlook for the economy and current condition in financial markets- most notably pointing to the evidence that the economy may be bottoming out and is likely to turn upward later this... [Read more]
