Tag: economist
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Colorado Springs sales tax collections post biggest gain in 4 years
Colorado Springs sales tax collections surged in March to the biggest gain in more than four years amid booming online sales and housing construction, according to a report from the city’s Finance Department. Revenue from the city’s 2% sales tax surged 18.7% from March 2020 to $14.1 million. That’s the largest percentage increase since December…
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Loss of U.S. Space Command a ‘missed opportunity’ for Colorado Springs; what next?
John Suthers has plenty of economic development wins as mayor — a massive Amazon distribution center and Southwest Airlines expanding to Colorado Springs to name two — but he called the loss of the U.S. Space Command to Huntsville, Ala., his biggest setback. “We haven’t had a whole lot of economic development bad news, but…
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Colorado economists agree slowdown is coming, but not on when
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Colorado and Colorado Springs economies have been booming for years, but several economists who follow both expect growth to slow over the next year and fall into a recession by late 2019 or early 2020. Current economic statistics reflect strong growth, including unemployment rates…