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June 27, 2006 -Thank you for considering Colorado Springs as a
place to grow your company. Colorado Springs is an incredible
place to live and work. The quality of life and the emphasis on
healthy living is seen in the community and in the work
attitude.
Colorado Springs is a large spread out city that covers 185.7 square
miles. Pikes Peak Association of REALTORS® has broken the city in
to sub areas. The following sub areas are Northgate, Black Forest,
Briargate, North West, North East, West, East, Powers, Falcon, Central,
Manitou Springs, Old Colorado City, South East, South West and Fountain. Colorado Springs enjoys what the businesses bring to the area, but there is
also big business with the presence of the military. Fort Carson is
home to roughly 19,000 military, civilian and contractors. Peterson AFB
employees roughly 11,000 and the Air Force Academy 10,000. Active duty
personnel contributing over $2 billion to the local economy. In addition,
there are more than 28,000 retirees living in Colorado Springs collecting $94
million in retirement benefits. The Colorado economy added an
estimated 51,500 net new jobs during the most recent 12 month period, a
growth rate of 2.4%. Such a growth pace ranks as the strongest of the
past five years. The state's service providing sector
added 39,100 new jobs during the past year, a rise of 2.1%.
Colorado's trade, transportation and utilities sector added 11,700 new
jobs, a growth rate of 2.9%. Colorado's jobless rate
averaged 5% in 2005, during the 1990's it averaged 4.4%. |
