Author: Breeanna Jent
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Newly formed PAC promises a stronger voice for southern Colorado businesses
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A new political action committee has launched in southern Colorado, aiming to strengthen and elevate the voices of local businesses and their regional influence on state-level policy. Over the last two years, the Colorado Legislature has enacted more than 1,000 new laws that have burdened businesses with added costs and excessive regulations, and several more…
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‘Housing mismatch’ improving in Colorado Springs, but residents losing purchasing power: Report
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Residents in Colorado Springs and El Paso County are losing purchasing power as average rental housing and home prices over the last decade have increased more than two to three times that of average incomes. At the same time, a “housing mismatch” between the types of homes being built in the area and the homes…
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Colorado Springs real estate in 2026: Four key areas filled with ups and downs — depending on your perspective
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Continuing a cooling-off period that began in 2023, it will be “more of the same” for Colorado Springs’ residential and commercial markets this year, a trend shaped by economic uncertainty, relatively high interest rates and construction costs, skyrocketing insurance rates and overall cautious consumer sentiment. But while things may have slowed in recent years, the…
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AI in the exam room: blending technology with the human touch
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As artificial intelligence has become more ubiquitous in everyday life — from a typical smartphone’s autocorrect function to chatbots that can simulate conversations with humans, quickly analyze data sets and more — it’s also changing how medical professionals and organizations provide health care, and the patient experience along with it. Today, medical practitioners are using…
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UCCS Economic Forum: Pikes Peak region remains prosperous despite recent slowdown in growth
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The Pikes Peak region remains prosperous, distinguished by high median household incomes and high levels of education attained among its residents — but the area faced a slowdown in growth in 2024 and the first half of this year that stalled home sales, building permits and Colorado Springs sales tax revenues. These and other findings…
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City of Pueblo ending contract with Pueblo Economic Development Corporation
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PUEBLO — The city of Pueblo will terminate its contract for economic development services with the Pueblo Economic Development Corporation (PEDCO) at year’s end. The city has provided PEDCO 90 days’ notice of the contract termination, effective Dec. 31, officials said in a news release Tuesday afternoon. A formal transition is underway to ensure PEDCO…
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As home prices reach historic high in Pikes Peak region, is the American Dream of homeownership out of reach?
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The median sale price of single-family homes in the Pikes Peak region reached a historic high this summer. The hot sales market underscores the area’s exponential growth over the last decade, coupled with a shortage of available and affordable housing units to meet demand, some regional housing industry experts said. Although ballooning sticker prices, growing insurance costs…
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Aerospace and defense firm expanding operations in Colorado Springs, to add 500 jobs
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A veteran-owned aerospace and defense firm headquartered in Colorado Springs is expanding its operations locally, expecting to create around 500 jobs and invest more than $7 million into the community. Company leadership on Thursday afternoon joined Gov. Jared Polis and community and economic leaders in Colorado Springs and El Paso County to announce the expansion of…
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Local home listings hit 11-year high, sales increase despite price record
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The supply of homes for sale in the Colorado Springs area reached a nearly 11-year high in June, and home sales also saw a slight boost in the sixth month of the year — even as area median home prices reached record highs. The increases are possibly attributed, in part, to motivated buyers and sellers, one…
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Sodexo to lay off 152 employees as food service contract ends with Academy D-20
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French food services and facilities management company Sodexo is closing its food service operations at Academy School District 20 and laying off 152 local employees. The international company, headquartered in Paris, notified the state about the layoffs that began “on or about” Monday in a written letter under Colorado’s Worker Adjustment and Retraining Notification (WARN)…
