Archive for: February, 2019

Consumer Confidence Index rebounds

A monthly measure of consumer confidence has rebounded on more upbeat assessments of business and labor conditions as well as more optimistic expectations. The Conference Board reported its Consumer Confidence Index rose 9.7 points to 131.4 in February, reversing three months of declines. “Looking ahead, consumers expect the economy to continue expanding,” said Lynn Franco, […]

Mesa County jumps 56 spots in ranking of small metro areas

Mesa County has jumped more than 50 places in an annual comparison of small metropolitan areas on gains in high-tech output and jobs. Mesa County ranks 131st overall in the Milken Institute Best-Performing Cities Index for 2018, up 56 places from last year. While Mesa County remains in the bottom half of small metro areas […]

Leading index signals slowing growth

A monthly index forecasting economic conditions in the United States has edged down, signaling what could be slowing growth in the months ahead. The Conference Board reported its Leading Economic Index (LEI) edged down a tenth of a point in January to 111.3. Separate measures of current and past conditions increased. “In January, the strengths […]

Dillard’s coming to Mesa Mall

One of the largest fashion retailers in the United States plans to open a location at the Mesa Mall in Grand Junction. A newly constructed Dillard’s will open at a site formerly occupied by Sears. “Mesa Mall is excited to expand its lineup of first-in-market retailers with the addition of Dillard’s,” said Paul Peterson, general […]

Tracking or contributing, CMU economic news good

Colorado Mesa University not only tracks regional indicators of economic performance, but also contributes substantially itself to the Western Colorado economy. The news on both counts is encouraging. Stories in this issue of the Business Times report on an economic forecast forum conducted at CMU in Grand Junction as well as the latest results of […]

Study: CMU contributes $468.7 million to regional economy

Phil Castle, The Business Times As Colorado Mesa University continues to grow, so do the effects of CMU on the Western Colorado economy. The latest results of an economic impact study estimate the total direct and indirect effects of the university reaches nearly $469 million. CMU President Tim Foster hailed the numbers at a media […]

Grow or slow? Professor and real estate executive share outlooks

Nathan Perry, an economics professor at Colorado Mesa University, tracks regional indicators from his office on the CMU campus in Grand Junction. While the pace might slow, Perry expects growth to continue in 2019. (Business Times photo by Phil Castle)

Phil Castle, The Business Times The economic growth that’s occurred in Mesa County over the past two years might slow, but likely will continue, according to a college professor who tracks regional indicators. And while the energy and construction industries remain volatile, those sectors and their high wages should still play a leading role in […]

Real estate market likely to remain healthy

Phil Castle, The Business Times Robert Bray jokes he has a ready answer for when people invariably ask him to asess the performance of the local real estate market — an answer that works equally well in good times and bad. “Simply unbelievable,” he says. The chief executive officer of Bray Real Estate remains willing, […]

Auto dealers: California emission rules won’t work in Colorado

Phil Castle, The Business Times Regulations imposing stricter emission standards in California won’t work in Colorado, according to a representative from an automobile dealers association. If anything, the rules will have the effect of driving up the price of new cars while in turn keeping older cars on the road that emit more pollution, said […]

ProStar announces management addition

Vasa Dasan has joined ProStar Geocorp as chief operating officer and a  member of the board of directors of the Grand Junction-based software company. Dasan will oversee teams in Colorado and North Carolina as well as Canada involved with software and product development as well as professional and customer services. ProStar combines cloud and mobile […]


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