Mesa County foreclosure activity down for December, but up for 2010

While property foreclosure activity slowed in Mesa County in December, proportional increases in year-end totals for foreclosure listings and sales were far greater than in any of 11 other metropolitan counties in Colorado. According to the latest statistics from the Colorado Division of Housing, 128 foreclosure filings and 69 foreclosure sales were reported in Mesa […]

Colorado small business index climbs to highest level in more than five years

A monthly measure of economic conditions for small businesses in Colorado has climbed to its highest level in more than five years, forecasting a more robust recovery that includes job growth. “Colorado’s swing from net job losses during the most recent 12-month period to net job gains should continue in coming months. Colorado’s economic recovery […]

Forecast for Colorado: growth ahead

While Colorado likely will lag behind the nation in economic recovery, speakers at an annual economic forecast breakfast said they expect modest growth. Still, a number of factors could slow that growth, including continued high unemployment rates. Vectra Bank Colorado hosted the event in Denver, which featured Mark Snead, a vice president and executive with […]

Wells Fargo: Colorado SBA lending up

The leading lender for U.S. Small Business Administration programs in Colorado reports an increase in activity during the first quarter of the 2011 fiscal year compared to the same quarter last year. Wells Fargo reported that it issued 86 loans worth a combined $35 million in Colorado through the SBA 7(a) loan guarantee program. That […]

Commissioners advised to hire permanent administrator

An interim Mesa County administrator has recommended that the commissioners hire a permanent administrator, but also change their involvement with county departments. “I believe the county administrator position is a vital link in the county’s current structure. But I also recommend developing a mechanism to create a more direct link between the county’s elected officials […]

Solar business installs system at its own facilities

A Grand Junction solar power sales and installation company has completed the installation of a new solar system at its office and warehouse complex. Simplicity Solar completed the 15.58 kilowatt photovoltaic solar system at its facility at 747 W. White Ave. The system is expected to generate 23,555 kilowatts of electricity a year. Alan Deslongchamp, […]

Labor index signals accelerating job growth

A monthly index tracking labor trends has advanced for a fourth straight month, signalling accelerating job growth. The Conference Board reported that its Employment Trends Index (ETI) rose two-tenths to 100.5. The index has climbed 7 percent over the last year. “We expect larger numbers of jobs to be added back into the economy in […]

U.S. jobless rate retreats, but payroll gains modest

The U.S. unemployment rate has dropped again, but payroll gains remain modest. According to the latest Labor Department estimates, the national jobless rate dropped four-tenths to 9 percent in January, but nonfarm payrolls grew only 36,000. While the unemployment rate has retreated eight-tenths of a percent since hitting 9.8 percent in November, the decrease is […]

Small business optimism index advances

A monthly measure of optimism among small business owners advanced in January, but owners remain less than upbeat in their plans to spend money on capital projects and hire employees. The National Federation of Independent Business reported that its Index of Small Business Optimism rose 1.5 points to 94.1. The index is based on the […]