AGP Executive Report
Last update: 2 hours agoSmall Business: Colorado Springs ranked No. 1 nationally for small-business growth in a Bluevine study, with more than 120 downtown openings since 2023 and over 90% of businesses locally owned. Manufacturing Investment: Boom plans a $150 million turbine factory in Centennial, while BAE Systems is expanding Colorado production for space and defense hardware, including a Weld County operation. Data Center Debate: Denver is weighing tighter rules over water and power use, while Vantage has asked Aurora to pause new restrictions as it considers other sites. Tourism Outlook: After strong fall bookings, Colorado mountain resorts are bracing for a slower winter as high travel costs and consumer uncertainty weigh on reservations. Water and Local Business: Green Mountain Reservoir is just 11% full; low levels forced Heeney Marina to close early, underscoring the economic stakes of drought for water-dependent communities. Banking: First Western reported third-quarter net income of $6 million, up 88% from a year earlier, with growth in loans and deposits.
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