Taking a look at the economy this year in Colorado Springs

COLORADO SPRINGS, Colo. — 2016 was a great year for the economy of Colorado Springs, with nearly 7,800 new jobs created.

Unemployment was just under 4 percent.

Home values in our region also increased by nearly 9 percent from 2015, with a 76 percent hike in home sales.

Tourism also saw a nice boost, with hotels filling up faster at a nearly 35 percent higher occupancy from 2013.

Recent developments are also pushing our economy forward.

2017 is already off to a good start, with future projects starting, including the Children’s Hospital and the renovation of South Nevada Avenue.

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