Category archives for: Trends

Mesa County jobless rate spikes, but hiring activity picking up

Phil Castle, The Business Times While the Mesa County unemployment rate spiked again in January, increased hiring activity since then buoys the outlook for the coming year. “I’m still a little bit optimistic looking at our job orders,” said Curtis Englehart, director of the Mesa County Workforce Center in Grand Junction. According to the latest […]

Research firm: Grand Junction home prices rising

Grand Junction home prices continue to increase, according to the latest results of an analysis conducted by a California research firm. Home prices rose three-tenths of a percent between November and December and 4.2 percent between December 2015 and December 2016, according to CoreLogic. The gains take into account such so-called distressed sales as foreclosure […]

Small business index soars on more upbeat expectations

A monthly measure of optimism among small business owners has jumped to its highest level since 2004 on more upbeat expectations for improving conditions. “We haven’t seen numbers like this in a long time. Small business is ready for a breakout, and that can only mean very good things for the U.S. economy,” said Juanita […]

Lodging tax collections up for 2016

A measure of hotel and motel stays in Grand Junction declined in December, but still outpaced last year. The Grand Junction Visitor & Convention Bureau reported $75,042 in lodging taxes were collected in December, 4.6 percent less than what was collected for the same month last year. December collections reflect hotel and motel stays in […]

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 […]

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