U.S. payroll growth rebounds

Payroll growth has rebounded in the United States with the largest monthly gain in six months. According to the latest Labor Department estimates, nonfarm payrolls swelled 224,000 in June. The unemployment rate edged up a tenth of a point, but at 3.7 percent remains new a 50-year low. The June gain in payrolls was the […]

Mesa County to get $3.6 million PILT payment

Mesa County will receive more than $3.6 million in the latest payment in lieu of taxes on federal lands in the county. The payment is the single largest to a Colorado county out of nearly $40 million in so-called PILT payments in the state for 2019. Nationwide, the Department of the Interior will distribute $514 […]

Ag lighting company approved for Jump-Start incentives

An agricultural lighting company that’s relocated operations to the Grand Valley has been approved to participate in a program offering tax incentives for creating new jobs. Violet Gro will join 14 other companies participating in the Colorado Rural Jump-Start Program, the Grand Junction Economic Partnership announced. “We are thrilled that Violet Gro is the latest […]

Leading index holds steady, but signals slowing growth

A monthly index forecasting economic conditions remains unchanged, but also signals what could be slowing growth in the months ahead. The Conference Board reports its Leading Economic Index (LEI) held steady at 111.8 in May following three consecutive months of increases. “While the economic expansion is now entering its 11th year, the longest in U.S. […]

Survey: Consumers shaken, not stirred

A monthly measure of consumer confidence has dropped to its lowest level in nearly two years on less upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index retreated 9.8 points to 121.5 in June. That’s the lowest reading since the index stood at 120.6 in September 2017. Lynn Franco, […]

Survey: Colorado business leaders less optimistic

More concerned about national politics and international trade, Colorado business leaders are less optimistic about the economy and other aspects of their operations, according to the latest results of a quarterly survey. “Businesses just hate uncertainty. When you give them uncertainty, they become very cautious. They stop investing. They stop hiring. And they take a […]

Fiber network company names account director for Grand Valley

Stephen Fullerton has joined Unite Private Networks as an account director responsible for the Grand Valley market. Fullerton brings to his duties more than 35 years of experience in communications and networking, including business, law enforcement and public safety. Headquartered in Missouri, Unite Private Networks provides fiber-based communications networks and related services in a total […]

Ski industry veteran named president of Leitner-Poma

Daren Cole has been promoted to president of Leitner-Poma of America, a cable transportation company based in Grand Junction. Cole brings to his new duties more than 25 years of experience, including positions with some of the largest ski resorts in North America. He succeeds Rick Spear, who retired after more than 40 years with […]