Continued recovery forecast for 2013

Rich Wobbekind Economic recovery will continue in Mesa County in 2013 with growth in industries, wages and population, according to an annual forecast prepared at the University of Colorado. The statewide outlook is much the same, said Richard Wobbekind, executive director of the Business Research Division at the CU Leeds School of Business. “For the […]

Mesa County real state sales rebound to four-year high

Phil Castle, The Business Times:  Thanks in part to gains in November, real estate sales in Mesa County have rebounded to their highest level since 2008. With a month left to go in 2012, real estate transactions already exceed year-end totals for the past three years. Moreover, the combined dollar volume of sales so far […]

Colorado business index seesaws down

A monthly index tracking business conditions in Colorado continues to seesaw, with the latest reading slipping on reported declines in new orders, sales and employment. What hasn’t changed is the  forecast for growth in the months ahead. The Business Conditions Index fell nearly two points in November to 54.9.  The index has alternated between increases […]

Oil shale outlook: Challenges hamper commercial development

Phil Castle, The Business Times Glenn Vawter recalls a college field trip to Western Colorado during which a professor pointed out a rock formation and said oil shale development could solve the nation’s energy problems. More than 50 years later, Vawter remains convinced it’ll happen. “I’m still optimistic we’ll use this large resource someday.” The […]

Index: Consumer confidence climbs to highest level since 2008

A monthly measure of consumer confidence has climbed to its highest level in nearly five years on increasingly upbeat expectations for improving business and labor conditions. The Conference Board reported that its Consumer Confidence Index advanced another six-tenths of a point in November to 73.7. That’s the highest reading since the CCI stood at 76.4 […]

Solar-powered lamps turn sunlight into night light

Phil Castle, The Business Times Newly installed outdoor lights tap the power of the sun during the day to illuminate an automobile dealership through the night. The lights constitute a first for the Grand Junction company that installed them and also represent the increasingly diverse ways in which solar power can be used. Simplicity Solar […]

Leading index signals modest growth in U.S.

An index forecasting economic performance in the United States has edged up, signaling modest growth in the months ahead. A number of factors could change the outlook, though, including the effects of Hurricane Sandy and a looming “fiscal cliff” of federal tax increases and spending cuts. The Conference Board reported that its Leading Economic Indicator […]

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