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Increased Luxury Sales Show the Widening Income Gap

Rich Americans are buying again. The rest of us—not so much. The difference between the sales figures at luxury stores as compared to middle- and low-end ones shows who is coming out of the “Great Recession” doing pretty well and who is not. An article in the business section of the New York Times a […]

Colorado Springs in a “Severe Recession” – outlook not good

An article in today’s Gazette* summed up the current state of the economy in the Pikes Peak region, calling it a “severe recession” that has cut sales for more than 70% of businesses in the area.  Unfortunately, the likely result in the near future will be more businesses cutting back or closing and more of our […]

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