CSBJ Daily

National and local economists have gloomy predictions for this year’s holiday shopping season.
“I’m predicting that spending will be soft at best,” said local economist Tucker Hart Adams. “Consumers are up to their ears and eyeballs in debt. The only thing that’s going to make them spend a lot this year is some kind of miracle, […]

Pam Keller, executive vice president of sales and marketing for Keller Homes has been appointed to serve as chairwoman of the Colorado Springs Economic Development Corp.’s board of directors.
Keller replaces Steve Schneider, who will serve as an ex-officio board member.
Also, George Hess, president of Vantage Homes Corp. and Fred Veitch, vice president, Nor’wood Development […]

Mortgage and subprime lenders have announced nearly 70,000 layoffs in the first three quarters of 2007, according to Challenger, Gray & Christmas Inc., which tracks corporate job cut announcements.
That’s a more than five-fold increase from the 12,874 announced job losses in mortgage lending tallied by Challenger in all of 2006.
“The heaviest job cutting has occurred […]

Lockheed Martin-Integrated Systems and Solutions of Colorado Springs has been awarded a contract installment of $25.5 million based on a longer-range 15-year contract valued up to $2.5 billion.
Each year, up to $110 million is allocated toward the total contract, according to Peterson Air Force Base purchasing officials.
The defense contractor is responsible for providing mission critical […]