Dr. Fred D. Crowley This is Me

Education

 View all 621 references Web References

1. 1. www.gazette.com

   www.gazette.com/articles/perce - [Cached]

   Published on: 7/18/2008   Last Visited: 7/19/2008

   "The slowdown in the national economy is really dragging down the local economy," said Fred Crowley, senior economist for the Southern Colorado Economic Forum.
   ...
   Crowley said he is concerned that area payrolls will start declining in the fall, after the summer tourism season has ended.Falling payrolls are considered by many economists as a sign that the local economy has slipped into a recession.

2. 2. 2007-2008 Southern Colorado Economic Forum

   www.southerncoloradoeconomicfo - [Cached]

   Published on: 1/1/2007   Last Visited: 5/13/2008

   Fred Crowley, Ph.D., College of Business and Administration
   ...
   Fred Crowley - Southern Colorado Economic Forum

3. 3. www.csbj.com

   www.csbj.com/story.cfm?ID=2002 - [Cached]

   Published on: 6/13/2008   Last Visited: 6/13/2008

   University of Colorado at Colorado Springs economist Fred Crowley says that $4 a gallon gas will exact a substantial toll on the regional economy.
   
   "The increase in gas prices during the last year amounts, for an average family, to about 1 percent of their disposable income," he said."This means they'll spend that much less on other things â€" and it'll affect every part of the economy."
   
   While offering no opinion about the likelihood that higher prices will prevail, Crowley said that per gallon cost is, by international standards, still artificially low in the United States.
   
   "That's what you would tend to believe if you look at prices in Europe," he said."It may be that we have an inefficient market, or that we have not chosen to price oil as a scarce commodity."
   
   In addition to consumers, governments also will suffer, because consumer spending is responsible for most local government income.
   
   "As spending falls, tax receipts will fall and they'll have to make further cuts," Crowley said.
   ...
   "But it'll take a long time," Crowley said.
   ...
   But Crowley said that home-buying decisions will be affected.
   
   "The employment center of Colorado Springs is still within the city limits (as is Banning Lewis Ranch)," he said.