The Associated Press
WASHINGTON– Soaring prices for food, gas and other everyday needs pushed consumer spending to a faster pace than expected in March.
The Commerce Department reported today that consumer spending was up 0.4 percent, double the increase that economists had forecast.
However, once inflation was removed, spending edged up a much slower […]
Read: Consumer spending up but much of gain reflects higher prices
The Mortgage Bankers Association weekly report of residential retail mortgage originations exhibited few surprises.
Total mortgage applications were down 11.1 percent for the week ending April 25. In addition, the MBA’s application index, tied to a baseline established during 1990, dropped to 567 from 637.6 the previous week. The 567 index means […]
Read: Mortgage index off again
Banning Lewis Ranch and Classic Communities at Flying Horse will be the two main sites for this year’s Parade of Homes, presented by the Housing and Building Association of Colorado Springs on Aug. 8-24.
Among the participating homebuilders at Banning Lewis Ranch are Classic Homes and Capital Pacific Homes which, together, […]
The Council of Neighborhoods and Organizations (CONO), the City of Colorado Springs and El Paso County are hosting the annual CONO Neighborhood Forum from 8:30 a.m. to 2 p.m. May 3 at the Regional Development Center, 2880 International Circle.
Residents can visit about 50 different information booths hosted by […]
The Associated Press
PHILADELPHIA– Promotional offers and higher cable television spending fueled the first-quarter profits of Comcast Corp., which showed limited effects from an economic slowdown.
The nation’s largest cable operator posted a 12.5 percent decline in profits, but it was mainly because of one-time gains from the dissolution of cable partnerships. […]