Category archives for: Trends

Leading index signals growth into 2017

An index forecasting economic conditions in the United States has edged up, signaling growth into early next year. The Conference Board reported that its Leading Economic Index rose a tenth of a percent to 124.5 in October. The overall reading is based on the performance of 10 leading indicators “The index still suggests that the […]

Lodging tax collections on the rise

Lodging tax collections, a key measure of hotel and motel stays, have increased in Grand Junction. The Grand Junction Visitor & Convention Bureau reported that $164,705 in lodging taxes were collected in October, an increased of 5.9 percent over collections for the same month last year. With the exception of a 1 percent decline in […]

Indexes: Uncertainty affects small business outlook

A monthly measure of optimism among small business owners has increased, but continues to reflect uncertainty that in turn affects plans for capital outlays and hiring. A separate measure of just uncertainty climbed to a record high. “Small business owners need predictability. What we’re seeing in our data is that the political climate creates the […]

Small business index climbs, but hiring and spending outlook unchanged

A measure of optimism among small business owners has climbed to its highest level in nearly two years, although the outlook for hiring and capital spending hasn’t substantially changed. The Wells Fargo/Gallup Small Business Index climbed four points to 68 for the third quarter, the highest reading since the first quarter of 2015. The index […]

Colorado business filings signal moderate job growth ahead

Business filings in Colorado decreased from the first to the second quarters, but remain higher than a year ago and continue to signal job growth in the state. A total of 28,074 new businesses registered with the secretary of state’s office during the second quarter. That’s a 5.4 percent decrease from the first quarter, but […]

Index: Small businesses in “maintenance mode”

A monthly measure of confidence among small business owners has edged up, but continues to reflect what one economist described as “maintenance mode” for the sector. The National Federation of Independent Business reported that its Small Business Optimism Index inched up a tenth of a point in July. But at 94.6, the index remains below […]

Index: Consumers “cautiously optimistic”

A monthly measure of consumer confidence has edged down on less upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index slipped a tenth of a point to 97.3 for July. While consumers were more optimistic about current conditions, they were more cautious about what could be in store in […]

Mesa County jobless rate takes a dip

Phil Castle, The Business Times The unemployment rate has retreated in Mesa County as hiring picks up for the summer. Moreover, the overall labor force in the county has increased even as claims for unemployment insurance has decreased. “I think this is encouraging,” said Celina Kirnberger, business services supervisor at the Mesa County Workforce Center […]

Mesa County jobless rate holds steady

Phil Castle, The Business Times Even as unemployment in Mesa County holds steady at its highest level of the year, slight changes in the labor force and unemployment claims offer a measure of hope of improving conditions. “It’s somewhat encouraging,” said Celina Kirnberger, business services supervisor at the Mesa County Workforce Center in Grand Junction. […]

Survey: Business owners cautions in midst of presidential election

Small business owners remain cautious about the coming year even as they feel their concerns remain unaddressed in the midst of a presidential election, according to the latest results of a quarterly survey. The Wells Fargo/Gallup Small Business Index retreated three points to 64 for the second quarter, matching the level a year ago. “During […]

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