Tag: Tatiana Bailey
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Risky business: Modern-day gold rush lucrative for sellers, opportunity to buy for others
The world’s richest gold rush that began in 1891 in what became the Cripple Creek Mining District created endless lines of mined ore carts slogging down the mountain to smelting and milling operations in Colorado Springs. The current gold rush that started six months ago has produced steady lines of people at businesses that buy…
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Denver area residents grapple with inflation’s soaring costs
Volunteers and staff members packed 6,795 pounds of food into more than 120 boxes to distribute at the Food Bank of the Rockies mobile food pantry operation at the Montbello Recreation Center in Aurora on Thursday. Volunteer students from the Denver Center for International Studies at Montbello and the Noel Community Arts School at Montbello…
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The affordable housing crisis in Colorado: U.S. government has to help | Cronin and Loevy
The affordable housing shortage nationally and in Colorado received much attention at the end of April. A panel sponsored by the El Pomar Foundation’s Forum for Civic Advancement was held, entitled “A Changing City.” It devoted much time to affordable housing, as did a report submitted to the City Council by the Housing & Building…
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Study: Colorado received $63 billion in COVID relief, stimulus
Colorado landed more than $60 billion in federal COVID-19 pandemic assistance and other funding during the past two years, according to a recent study by the Peter G. Peterson Foundation. The $63.6 billion in government cash, or more than $11,000 for each person in Colorado, came in stimulus checks sent to most Americans; a variety…
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Colorado Springs income gains biggest in 20 years
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Wallets in Colorado Springs grew fatter last year at the fastest rate in 20 years, courtesy of federal stimulus payments, according to a new government report released Tuesday. Personal income per person in 2020 in…
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Colorado Springs cost of living sets record for second straight quarter, cost advantage over Denver is decreasing
Soaring home prices helped push Colorado Springs’ cost of living to a record level above the national average for a second consecutive quarter, according to a new survey. The local cost of living index in the second quarter was a record 107.8% of the national average, up a full percentage point from the previous quarter,…
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Colorado Springs sales tax collections rise again despite pandemic
Colorado Springs sales tax revenues rose again last month as construction industry purchases remained strong and consumers ramped up spending heading into the holiday shopping season. Sales tax revenues in December, which were collected on November purchases, climbed 8.4% to $15 million on a year-over-year basis, according to a report by the Colorado Springs Finance…
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Colorado unemployment rate falls to lowest level since March
Colorado’s unemployment rate fell for a fifth consecutive month in September, dropping to its lowest rate since the COVID-19 pandemic took hold in March. The state has regained two-thirds of the private-sector jobs lost in the early months of the pandemic. The jobless rate fell to 6.4% last month from 6.7% in August and is…
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Economist: Expect rough winter as pandemic spreads, stronger recovery for Colorado after
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Expect a “rough” winter this year as the COVID-19 pandemic intensifies, but ultimately the Colorado Springs and Colorado economies will recover stronger and faster than the rest of the nation, economist Tatiana Bailey says. Colorado Springs has enjoyed a stronger recovery than most after state…