Archives » May 8th, 2008

U.S. economic growth during 1st quarter good sign for Colorado’s small businesses

DENVER – The Vectra Bank Colorado Small Business Index for Colorado registered 87 during April, down from a revised 89.6 during March.
“The latest report on U.S. GDP had both good and bad news with the same piece of data,” said Jeff Thredgold, corporate economist for Vectra Bank Colorado. “The bad news […]

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DMS returns to Colorado Springs

Diversified Machine Systems left Colorado Springs three years ago for what looked like greener pastures in Texas.
The company has now returned to the Springs due to what owner Patrick Boller called a “favorable economic climate.”
The company, which builds machinery for other manufacturers such as cars or guitars, has hired 38 people, with […]

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Realtors hint at brighter days ahead

Pikes Peak region Realtors are standing firm.
Contrary to trends elsewhere, membership in the Pikes Peak Association of Realtors remains close to 3,900. That figure was confirmed yesterday by Jay Gupta of Gloriod & Associates, chairman of the PPAR, during the organization’s monthly state-of-the-market report session.
“We have not seen any major drop in […]

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Consumers give stores some relief but still spend cautiously

The Associated Press
NEW YORK– Consumers gave some of the nation’s retailers a little relief in April after months of dismal sales, gravitating toward less expensive discounters and wholesale clubs but generally still shying away from stores selling clothes and other non-necessities.
Monthly sales reports issued today were better than expected, but still […]

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Pikes Peak International Hill Climb will offer a $30,000 purse for a record

The Pikes Peak International Hill Climb will offer a $30,000 purse for a record-setting run in this year’s event July 20.
The cash incentive is the result of a collaboration among the PPIHC, the Colorado Springs Auto Dealers Association, and Tire Centers Inc. to reward an individual who sets a record of 10 […]

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