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Colorado Springs cost of living sets record vs. national average

Surging housing costs pushed the cost of living in Colorado Springs to a record 106.8% of the national average (6.8% above the average) in the first quarter, according to a ....

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5 small business trends that will survive COVID

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The COVID-19 pandemic has wrought many changes in the workplace. It has decimated some businesses while increasing the demand for othersâ goods and services. It has highlighted weaknesses and inequalities and forced the adoption of new business models.
While businesses have been affected in many different ways, one thing is universal.
âThe pandemic has changed the way we do business for good,â said Aikta Marcoulier, executive director of the Pikes Peak Small Business Development Center.
The
Business Journal asked Marcoulier and other business leaders to talk about the top five trends and challenges the pandemic has presented, and how some businesses have found better ways of doing business that will persist as we move forward toward recovery. ....

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Colorado Springs cost of living ties record

Rising apartment rents played a major role in pushing the cost of living in Colorado Springs to tie a 23-year-old record when compared with the national average, according to a new report.
The local cost of living was 104% of the national average in the fourth quarter, up from 103.6% in the third quarter and tying the record reached in the second quarter of 1997, according to the Council for Community and Economic Research. The council normally releases an annual average index early in the following year, rather than a fourth-quarter calculation, so no data is available for the fourth quarter of 2019. The council plans to release its annual average late next month. ....

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