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Colorado Springs, Colorado
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==Economy== Colorado Springs's economy is driven primarily by the military, the high-tech industry, and tourism, in that order. The city is experiencing growth in the service sectors. In June 2019, before the [[COVID-19 pandemic]], the unemployment rate was 3.3%.<ref>{{Cite web |date=September 5, 2022 |title=Databases, Tables & Calculators by Subject β Colorado Springs, CO Metropolitan Statistical Area |url=https://data.bls.gov/timeseries/LAUMT081782000000003?data_tool=XGtable |url-status=live |archive-url=https://web.archive.org/web/20220905154108/https://data.bls.gov/timeseries/LAUMT081782000000003?data_tool=XGtable |archive-date=September 5, 2022 |access-date=September 5, 2022 |website=Bureau of Labor Statistics Data}}</ref> The state's unemployment rate in June 2022 was 3.4%<ref>{{Cite web |title=Press Release: Colorado Employment Situation β June 2022 {{!}} Department of Labor & Employment |url=https://cdle.colorado.gov/press-releases/press-release-colorado-employment-situation-june-2022#:~:text=Since%20May%202020,%20Colorado%27s%20private,in%20March%20and%20April%202020. |access-date=September 5, 2022 |website=cdle.colorado.gov |archive-date=September 5, 2022 |archive-url=https://web.archive.org/web/20220905155207/https://cdle.colorado.gov/press-releases/press-release-colorado-employment-situation-june-2022#:~:text=Since%20May%202020,%20Colorado%27s%20private,in%20March%20and%20April%202020. |url-status=live }}</ref> compared to 3.6% for the nation.<ref>{{cite web |last=geosolinc.com |date=September 5, 2022 |title=U.S. Bureau of Labor Statistics |url=https://data.bls.gov/timeseries/LNS14000000 |access-date=September 5, 2022 |publisher=U.S. Gov |archive-date=May 8, 2019 |archive-url=https://web.archive.org/web/20190508124429/https://data.bls.gov/timeseries/lns14000000 |url-status=live }}</ref> ===Military=== [[File:PetersonAFB.jpg|thumb|[[United States Space Force]]{{snds}}[[Peterson Space Force Base]] Building{{nbsp}}1]] {{As of|2021}}, there are nearly 45,000 active-duty troops in the Colorado Springs area. There are more than 100,000 veterans and thousands of reservists.<ref name="Roeder" /> The military and defense contractors supply more than 40% of the Pikes Peak region's economy.<ref name="Roeder" /> Colorado Springs is home to the [[Peterson Space Force Base]], [[Schriever Space Force Base]], [[Cheyenne Mountain Space Force Station]], U.S. Space Command, and Space Operations Commandβ the largest contingent of space service military installations. They are responsible for intelligence gathering, space operations, and cyber missions.<ref name="Bitton">{{Cite news |last=Bitton |first=David |date=August 27, 2021 |title=New missions equal new names for Peterson, Schriever and Cheyenne Mountain military installations |language=en |work=The Gazette |url=https://gazette.com/military/new-missions-equal-new-names-for-peterson-schriever-and-cheyenne-mountain-military-installations/article_574a0ea2-ea49-11eb-a10f-4f8d59a4313b.html |access-date=April 1, 2022 |archive-date=January 25, 2022 |archive-url=https://web.archive.org/web/20220125114624/https://gazette.com/military/new-missions-equal-new-names-for-peterson-schriever-and-cheyenne-mountain-military-installations/article_574a0ea2-ea49-11eb-a10f-4f8d59a4313b.html |url-status=live }}</ref> Peterson Space Force Base is responsible for the [[North American Aerospace Defense Command]] (NORAD) and the [[United States Northern Command]] (USNORTHCOM) headquarters,<ref name="NORAD" /> Space Operations Command, and Space Deltas 2, 3, and 7.<ref name="Bitton" /> Located at Peterson is the 302nd Airlift Wing, an Air Force Reserve unit, that transports passengers and cargo and fights wildfires.<ref name="Bitton" /> Schriever Space Force Base is responsible for Joint Task Force-Space Defense and [[Space Delta 6|Space Deltas 6]], 8, and 9.<ref name="Bitton" /> The NORAD and USNORTHCOM Alternate Command Center is located at the [[Cheyenne Mountain Complex]].<ref name="NORAD" /> Within the mountain complex, the [[Cheyenne Mountain Space Force Station]] has been operated by [[Space Operations Command]].<ref name="NORAD" /> On January 13, 2021, the Air Force announced a new permanent home for Space Command, moving it from Colorado Springs to Huntsville, Alabama in 2026, but the decision could be reversed by Congress.<ref name="Roeder" /><ref>{{cite web|url = https://www.airforcetimes.com/news/your-air-force/2021/01/13/us-space-command-site-to-be-located-in-huntsville-alabama/|title = US Space Command site to be located in Huntsville, Alabama|date = January 13, 2021|access-date = January 25, 2021|archive-date = August 2, 2023|archive-url = https://web.archive.org/web/20230802195357/https://www.airforcetimes.com/news/your-air-force/2021/01/13/us-space-command-site-to-be-located-in-huntsville-alabama/|url-status = live}}</ref>{{efn|Political leaders in Colorado plan to ask President Biden's administration to review the merits of the decision.<ref>{{cite web|url = https://krdo.com/news/top-stories/2021/01/22/chamber-of-commerce-and-state-officials-fight-to-keep-u-s-space-command-in-colorado-springs/|title = Chamber of Commerce and state officials fight to keep U.S. Space Command in Colorado Springs|date = January 22, 2021|access-date = January 25, 2021|archive-date = January 25, 2021|archive-url = https://web.archive.org/web/20210125213209/https://krdo.com/news/top-stories/2021/01/22/chamber-of-commerce-and-state-officials-fight-to-keep-u-s-space-command-in-colorado-springs/|url-status = live}}</ref> Huntsville also has to pass an environmental review before the decision is final.<ref>{{cite web | url=https://www.npr.org/2021/01/13/956633450/u-s-space-command-headquarters-may-land-in-alabama | title=U.S. Space Command Headquarters May Land in Alabama | website=[[NPR]] | date=January 13, 2021 | last1=Jones | first1=Dustin | access-date=January 25, 2021 | archive-date=January 25, 2021 | archive-url=https://web.archive.org/web/20210125183449/https://www.npr.org/2021/01/13/956633450/u-s-space-command-headquarters-may-land-in-alabama | url-status=live }}</ref> Air Force documents show Alabama ranked higher than Colorado in 11 of 21 comparisons used by the government in seeking the best site for the new U.S. Space Command's permanent headquarters. In the Space Command headquarters comparison, Alabama ranks in top third in nine of the 21 categories. Colorado ranks in the top third in five categories. Alabama ranks in bottom third in three of the 21 categories and Colorado ranks in bottom third in 10 of the 21 categories.<ref>{{cite web|url = https://www.al.com/news/huntsville/2021/04/opposition-grows-to-putting-space-command-hq-in-alabama.html|title = Opposition grows to putting Space Command HQ in Alabama|date = April 2, 2021|access-date = April 21, 2021|archive-date = April 21, 2021|archive-url = https://web.archive.org/web/20210421233457/https://www.al.com/news/huntsville/2021/04/opposition-grows-to-putting-space-command-hq-in-alabama.html|url-status = live}}</ref>}} [[File:President Richard Nixon Gives a Commencement Ceremony Speech at Air Force Academy in Colorado Springs (cropped).jpg|thumb|President [[Richard Nixon]] gives a commencement ceremony speech at the Air Force Academy in Colorado Springs, June 4, 1969.]] Army divisions are trained and stationed at [[Fort Carson]]. The [[United States Air Force Academy]] was established after World War II, on land donated by the City of Colorado Springs.<ref name="Roeder" /> {{Further|History of Colorado Springs, Colorado#Military installations}} ===Defense industry=== The defense industry forms a significant part of the Colorado Springs economy, with some of the city's largest employers being defense contractors.<ref>{{cite web| url = http://www2.gazette.com/display.php?id=1321945&secid=4| archive-url = https://web.archive.org/web/20080108061549/http://www2.gazette.com/display.php?id=1321945&secid=4| url-status = dead| archive-date = January 8, 2008| title = ''Colorado Springs Gazette''<!-- Bot generated title -->}}</ref> Some defense corporations have left or downsized city campuses, but slight growth has been recorded. Significant defense corporations in the city include [[Northrop Grumman]], [[Boeing]], [[General Dynamics]], [[L3Harris Technologies]], [[Science Applications International Corporation|SAIC]], [[ITT Corporation|ITT]], [[Lockheed Martin]], and Bluestaq.<ref>{{cite web |title=Bluestaq-an-overnight-success-in-military-contracting |date=November 12, 2019 |url=https://gazette.com/business/bluestaq-an-overnight-success-in-military-contracting/article_2a653448-056c-11ea-8241-d33f058fd904.html |access-date=August 4, 2020 |archive-date=March 24, 2021 |archive-url=https://web.archive.org/web/20210324225249/https://gazette.com/business/bluestaq-an-overnight-success-in-military-contracting/article_2a653448-056c-11ea-8241-d33f058fd904.html |url-status=live }}</ref><ref>{{cite web |last=Gazette |first=Colorado Springs |title=Boeing adds jobs in Colorado Springs β The Denver Post |date=February 14, 2009 |url=http://www.denverpost.com/2009/02/14/boeing-adds-jobs-in-colorado-springs/ |access-date=February 27, 2017 |archive-date=February 27, 2017 |archive-url=https://web.archive.org/web/20170227231934/http://www.denverpost.com/2009/02/14/boeing-adds-jobs-in-colorado-springs/ |url-status=live }}</ref><ref>{{Cite news |title=General Dynamics subsidiary shutters 60-person office in Colorado Springs |work=Colorado Springs Gazette |url=http://gazette.com/general-dynamics-subsidiary-shutters-60-person-office-in-colorado-springs/article/1585624 |access-date=February 27, 2017 |archive-date=February 28, 2017 |archive-url=https://web.archive.org/web/20170228075147/http://gazette.com/general-dynamics-subsidiary-shutters-60-person-office-in-colorado-springs/article/1585624 |url-status=live }}</ref><ref>{{Cite news |title=Harris Corp. helping small Colorado Springs defense contractor grow into bigger role |work=Colorado Springs Gazette |url=http://gazette.com/harris-corp.-helping-small-colorado-springs-defense-contractor-grow-into-bigger-role/article/1597083 |access-date=February 27, 2017 |archive-date=February 27, 2017 |archive-url=https://web.archive.org/web/20170227232052/http://gazette.com/harris-corp.-helping-small-colorado-springs-defense-contractor-grow-into-bigger-role/article/1597083 |url-status=live }}</ref> The [[Space Foundation]] is based in Colorado Springs.<ref>{{cite web|title=Moon Rock has Landed at Space Foundation Discovery Center in Colorado Springs|date=June 15, 2013|url=https://spacefoundation.org/2013/06/15/moon-rock-has-landed-at-space-foundation-discovery-center-in-colorado-springs/|access-date=July 11, 2020|archive-date=September 21, 2020|archive-url=https://web.archive.org/web/20200921194045/https://spacefoundation.org/2013/06/15/moon-rock-has-landed-at-space-foundation-discovery-center-in-colorado-springs/|url-status=live}}</ref> ===High-tech industry=== A large percentage of Colorado Springs's economy is still based on manufacturing [[high-tech]] and complex electronic equipment. The high-tech sector in the Colorado Springs area has decreased its overall presence from 2000 to 2006 (from around 21,000 to around 8,000), with notable reductions in information technology and complex electronic equipment.<ref>{{cite web |title=2006β2007 Southern Colorado Economic Forum Publication |url=http://web.uccs.edu/scef/data/scef/ |archive-url=https://web.archive.org/web/20080514213139/http://web.uccs.edu/scef/data/scef/ |archive-date=May 14, 2008 |access-date=September 15, 2010 |page=18}}</ref> Current trends project the high-tech employment ratio will continue to decrease.<ref name="autogenerated1">[http://web.uccs.edu/scef/data/scef/ SCEF β Southern Colorado Economic Forum] {{webarchive |url=https://web.archive.org/web/20080514213139/http://web.uccs.edu/scef/data/scef/ |date=May 14, 2008 }}</ref><ref>{{cite web |title=A barren Garden of the Gods |url=http://www.eetimes.com/showArticle.jhtml;jsessionid=GSV0A5KE3CCGUQSNDLPCKHSCJUNN2JVN?articleID=196902115 |url-status=dead |archive-url=https://web.archive.org/web/20070929095544/http://www.eetimes.com/showArticle.jhtml;jsessionid=GSV0A5KE3CCGUQSNDLPCKHSCJUNN2JVN?articleID=196902115 |archive-date=September 29, 2007 |access-date=October 5, 2009 |publisher=EETimes.com}}</ref><ref>{{cite web |last=Heilman |first=Wayne |date=July 18, 2008 |title=Colorado jobless rate at its highest since 2005 {{pipe}} percent, rate, colorado |url=http://www.gazette.com/articles/percent_38360___article.html/rate_colorado.html |url-status=dead |archive-url=https://web.archive.org/web/20081007065514/http://www.gazette.com/articles/percent_38360___article.html/rate_colorado.html |archive-date=October 7, 2008 |access-date=October 5, 2009 |website=Colorado Springs Gazette }}</ref><ref>{{cite web |last=Heilman |first=Wayne |date=August 30, 2008 |title=Manufacturing, tech jobs slipping away from Springs {{pipe}} manufacturing, springs, technology |url=http://www.gazette.com/articles/manufacturing_40004___article.html/springs_technology.html |url-status=dead |archive-url=https://web.archive.org/web/20080907184247/http://www.gazette.com/articles/manufacturing_40004___article.html/springs_technology.html |archive-date=September 7, 2008 |access-date=October 5, 2009 |website=Colorado Springs Gazette }}</ref>{{update inline|reason=Projections are from 2007 and 2008|date=November 2021}} High-tech corporations offering fibre-optics to the premises connections within the city include: [[Lumen Technologies]], [[Comcast]] and other providers as of 2023.<ref>{{cite web |url=https://www.govtech.com/network/colorado-springs-colo-stands-to-gain-isp-choices-soon |url-access= |title=Colorado Springs, Colo., Stands to Gain ISP Choices Soon |last=Snouwaert |first=Jessica |date=September 15, 2022 |department=GovTech Today |website=govtech.com |publisher=Tribune Content Agency, LLC. |agency=The Gazette (Colorado Springs, Colo.) |arxiv= |asin= |bibcode= |doi= |isbn= |issn= |jfm= |jstor= |lccn= |mr= |oclc= |ol= |osti= |pmc= |pmid= |rfc= |ssrn= |zbl= |id= |access-date=September 2, 2023 |quote= }}</ref> [[Hewlett-Packard]] still has some sales, support, and [[Storage area network|SAN]] storage engineering center for the computer industry.<ref>{{cite web |last=Laden |first=Rich |date=June 20, 2008 |title=HP plans to open centers in Arkansas, New Mexico{{pipe}} springs, colorado, new |url=http://www.gazette.com/articles/springs_37486___article.html/colorado_new.html |url-status=dead |archive-url=https://web.archive.org/web/20090217150653/http://www.gazette.com/articles/springs_37486___article.html/colorado_new.html |archive-date=February 17, 2009 |access-date=October 5, 2009 |website=Colorado Springs Gazette}}</ref><ref>{{cite web |last=Heilman |first=Wayne |date=June 25, 2008 |title=HP to 800 Springs workers: Move to New Mexico or lose jobs {{pipe}} center, springs, employees |url=http://www.gazette.com/articles/center_37622___article.html/springs_employees.html |url-status=dead |archive-url=https://web.archive.org/web/20081011225251/http://www.gazette.com/articles/center_37622___article.html/springs_employees.html |archive-date=October 11, 2008 |access-date=October 5, 2009 |website=Colorado Springs Gazette }}</ref><ref>{{cite web |last=Heilman |first=Wayne |date=June 27, 2008 |title=HP to IT workers: Move to Fort Collins or lose job {{pipe}} move, workers, employees |url=http://www.gazette.com/articles/move_37716___article.html/workers_employees.html |archive-url=https://archive.today/20120606140802/http://www.gazette.com/articles/move_37716___article.html/workers_employees.html |url-status=dead |archive-date=June 6, 2012 |access-date=October 5, 2009 |website=Colorado Springs Gazette}} </ref> [[Storage Networking Industry Association]] is the home of the SNIA Technology Center.<ref>{{cite web |title=SNIA {{!}} Advancing Storage and Information Technology |url=https://www.snia.org/ |website=www.snia.org |access-date=March 8, 2017 |archive-date=May 30, 2022 |archive-url=https://web.archive.org/web/20220530233741/https://www.snia.org/ |url-status=live }}</ref> [[Keysight Technologies]], spun off in 2014 from [[Agilent]],<ref>{{cite web |last1=Drake |first1=Michele |title=Agilent Technologies Spins Off Its Electronic Measurement Business, Keysight Technologies |url=https://www.investor.agilent.com/news-and-events/news/news-details/2014/Agilent-Technologies-Spins-Off-Its-Electronic-Measurement-Business-Keysight-Technologies/default.aspx |website=Agilent Technologies, Inc. |access-date=April 12, 2021 |archive-date=April 12, 2021 |archive-url=https://web.archive.org/web/20210412002527/https://www.investor.agilent.com/news-and-events/news/news-details/2014/Agilent-Technologies-Spins-Off-Its-Electronic-Measurement-Business-Keysight-Technologies/default.aspx |url-status=live }}</ref> which was itself spun off from [[Hewlett-Packard|HP]] in 1999 as an independent, publicly traded company,<ref>{{Cite magazine |date=November 18, 1999 |title=Agilents shares soar on first day |url=https://money.cnn.com/1999/11/18/companies/agilent/ |magazine=Money |access-date=February 1, 2020}}</ref> has its [[oscilloscope]] research and development division based in Colorado Springs. [[Intel]] had 250 employees in 2009.<ref>{{cite web |last=Heilman |first=Wayne |date=July 28, 2008 |title=1,000 Intel workers will get job-hunting help {{pipe}} intel, help, workers |url=http://www.gazette.com/articles/intel_38707___article.html/help_workers.html |url-status=dead |archive-url=https://web.archive.org/web/20080809151505/http://www.gazette.com/articles/intel_38707___article.html/help_workers.html |archive-date=August 9, 2008 |access-date=October 5, 2009 |website=Colorado Springs Gazette}}</ref> The Intel facility is now used for the centralized unemployment offices, social services, El Paso county offices, and a bitcoin mining facility.<ref>{{cite web |url=https://admin.elpasoco.com/wp-content/uploads/CAFR/2010-Comprehensive-Annual-Financial-Report.pdf |archive-url=https://web.archive.org/web/20210427213203/https://admin.elpasoco.com/wp-content/uploads/CAFR/2010-Comprehensive-Annual-Financial-Report.pdf |archive-date=April 27, 2021 |url-status=live |title=Comprehensive Annual Financial Report for the year ended December 31, 2010 |publisher=Budget Administration, Finance Division El Paso County, Colorado |date=2011 |access-date=November 30, 2021 }}</ref> [[Microchip Technology]] (formerly [[Atmel]]), is a chip fabrication organization.<ref>{{cite web |last=Wayne Heilman |date=December 15, 2008 |title=Atmel lays off 245 employees in Springs {{pipe}} atmel, employees, company |url=http://www.gazette.com/articles/atmel_44889___article.html/employees_company.html |archive-url=https://archive.today/20120606140830/http://www.gazette.com/articles/atmel_44889___article.html/employees_company.html |url-status=dead |archive-date=June 6, 2012 |access-date=October 5, 2009 |website=Colorado Springs Gazette}} </ref> The [[Apple Inc.]] facility was sold to Sanmina-SCI in 1996.<ref>[http://www.highbeam.com/doc/1G1-18160963.html] {{dead link|date=February 2019|bot=medic}}{{cbignore|bot=medic}}</ref>
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