Colorado Springs

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The city of Colorado Springs, Colorado is a Home Rule Municipality in El Paso County. The south-central Colorado city serves as the county seat also. It is situated within the southern portion of Colorado State. Colorado Springs is situated 65 miles or 106 km south of the City of Denver, which is the Colorado State Capitol. It is situated on Fountain Creek and stands 1.6km or just more than 1 mile above sea level, though certain parts of the city are much lower and significantly higher. Colorado Springs is elevated at 1839 m or 6035 feet.

Located close to Pikes Peak, the city of Colorado Springs is situated on the eastern edge of the Southern Rocky Mountains. Colorado Springs most recent census numbers have the city at over 415,000 people. This makes the city of Colorado Springs Colorado's second largest city. It was also ranked as the 41st most heavily populated city within the United States. During the year 2010, the Colorado Springs MSA or Metropolitan Statistical Area had an estimated population of 645,613. Colorado Springs is the largest by measures of area in the state, covering 482 km2 or 186.1 square miles.

Colorado Springs' economy is mostly dependent upon tourism, high-technology, and the military. The service sectors have just seen more growth. Several of the largest employers within the city are derived from the defense industry, because they play a huge part in the economy of Colorado Springs. A large portion of this particular industry is dedicated to the operation and development of many projects for missile defense. The aerospace business has additionally influenced the economy of Colorado Springs. Slight increase has been recorded even if a portion of defense corporations have downsized or left city campuses.

The city's various defence contractors consist of: General Dynamics, SAIC, Northrop Grumman, Lockheed Martin, L-3 Communications, Harris Corporation, Boeing and ITT.

A vital part in Colorado Springs is due to the United States Military. Colorado Springs is home to both Army and Army and Air Force bases. These many military installations order the city of Colorado Springs, towards the south and the east and to the north, not including Schriever Air Force Base, that is situated east of the city within El Paso County.

The manufacturing of high-tech equipment and complex electronic equipment accounts for a big percentage of the city's economy. In the past 6 years, the high-technology sector within Colorado Springs has considerably downsized from 21,000 to around 8,000. There have been significant reductions within information technology and complex electronic equipment. Tourism has also slowed down and in terms of jobs and total income generated the high-tech sector remains second to the military. Research regarding current trends show that the employment ratio for the high-tech sector would continue to lessen in the near future.