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Do Hispanics Bear the Brunt of the Energy Crisis?
A perfect storm is a weather disaster produced by a calamitous combination of unusual factors. While we hear the term often, it’s also an apropos allegory for describing current events which are combining to effectuate a potential shift in Colorado’s political and policy landscapes. Like all Americans, Coloradans are suffoca[...]
How Life Sciences Are Fueling the Real Estate Demand in Colorado
Colorado is home to 720 life sciences companies and organizations that directly employ 32,089 people earning an average annual salary of $96,460 for a total annual payroll of $3.09 billion, according to the Colorado Bioscience Association. And at 33 facilities, it also has the largest concentration of federal laboratories in the[...]
Fitzsimons Innovation Community: Research, Tech Transfer and More
With more than 50 acres of prime real estate on its campus, Fitzsimons Innovation Community is in the midst of a 10-year infrastructure facilities and expansion project that allows life science companies to plan and customize their workspace. The campus’ five existing buildings totaling 427,000 square feet of working laborat[...]
New Approaches to Affordable Housing in Resort Communities
Many cities within the U.S. are currently experiencing an affordable housing crisis. Nowhere is that more apparent than resort communities where unprecedented increases in the cost of housing have brought significant challenges to both current and future residents. Sperling’s Best Places finds housing in Aspen costs 707.4% mor[...]
Colorado Construction Industry Forecast: Increased Negotiations and Cost-effective Builds in 2023
The Colorado construction industry, like many others, has faced numerous challenges created by the pandemic, which are now being exacerbated by inflation and rising interest rates. Labor costs have been high, the price of materials has steadily increased, a recession is expected, and concerns about delayed projects are growing. [...]
The Impact of Marijuana Legalization in Colorado
Colorado is one of the states in the country where marijuana is legal. Since its legalization, marijuana has had varying effects on the people, economy, and general existence in Colorado. Identifying the benefits and risks of marijuana use in the state is vital for CBD enthusiasts. Marijuana laws in Colorado first changed when t[...]
Our Economy in 2023 — What to Expect
In 2023, the Federal Reserve will continue to battle inflation and hike rates reaching its terminal rate in the first half of the year, while inflation slowly dissipates. This will cause economic activity to slow, perhaps to a recession-like pace, causing financial markets to be choppy, yet producing positive returns. Will the e[...]
8 Questions to Ask a Potential Real Estate Investing Partner
Investing in real estate is both lucrative and challenging. For this reason, many people choose someone who shares the same vision and offers a complementary skillset as their real estate investing partner. The ideal partnership will take your business to new heights. You may even achieve a level of success that wasn’t possibl[...]
Western Healthcare Alliance Bolsters Hospitals in Small Communities
Rural communities can thrive or falter by their jobs, schools and key services such as community hospitals. So, many rural Colorado hospitals are working together to find support and strength in each other while still maintaining their community roots. Nonprofit Western Healthcare Alliance (WHA), based in Grand Junction, provide[...]
Governor Polis Secures Woman-Owned Communications Technology Firm, Caliola, for Expansion in Colorado Springs
Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced today that Caliola, a 100% woman-owned communications technology firm that specializes in supporting the defense industry, has selected Colorado Springs, Colorado for expan[...]
Top Insights in the Colorado Job Market — A Look Back at 2022
2022 has been a spectacular year for the Colorado job market (at least from the viewpoint of the job seeker), with a reported nearly twice as many job openings as there as job seekers, giving people across the country yet another reason to move to the great state, home of the Rockies. If you’ve been […]
On The First Day Of Christmas, My True Love Gave to Me: A 10.5% Price Hike (PNC CPI)
For the 39th year, PNC calculated the cost of Christmas. With the year-over-year increase in 2022 being the third highest on record, inflation for services far outstripped goods in this year’s PNC Christmas Price Index® (PNC CPI) — a light-hearted take on the Bureau of Labor Statistics’ (BLS) Consumer Price Index — whic[...]
