Alpine Bank has retained its top-level designation in a program that honors Colorado organizations for environmental stewardship. The Western Colorado bank was recognized as a Gold Leader in the latest Environmental Leadership Program (ELP) awards presentation. The bank will retain that status for at least another three years. The program recognizes businesses, communities, educational institutions, […]
A business district along Horizon Drive in Grand Junction adds more than $300 million to the local economy a year, according to the results of a new study. With 277 businesses and a total of more than 2,600 employees, the Horizon Drive Business District adds more than $300 million in direct, indirect and induced economic […]
Sales and use tax collections, a key indicator of retail activity, remain well ahead of last year in Mesa County, according to the latest government reports. The City of Grand Junction reported collecting a total of more than $4.4 million in sales and use taxes in September, an increase of nearly 5.4 percent over the […]
A monthly measure of consumer confidence has retreated to recession-level readings on growing concerns about current and future business and labor conditions. The Conference Board reported that its Consumer Confidence Index (CCI) fell nearly seven points to 39.8 for October. “Consumer confidence is now back to levels last seen during the 2008-2009 recession,” said Lynn […]
Special to The Business Times The Coleman Foundation has awarded Colorado Mesa University a grant to fund three Faculty Entrepreneurship Fellowships. A faculty entrepreneurship fellow is someone who understands the importance of developing entrepreneurial skills in their students and developing lines of communication between business, sciences, arts, and career and technical education programs. The Fellows […]
“Growing a business presents a whole new group of challenges for entrepreneurs,” says Ed Hess, a professor of business administration at the Darden School of Business, University of Virginia. According to Hess, the following points should be heeded in order for entrepreneurs to prevent learning about business the hard way: Getting overwhelmed by growth. Growth […]
A monthly index forecasting economic performance in the United States continues to advance, but at a slowing pace that portends “sluggish” conditions. The Conference Board reported that its Leading Economic Index (LEI) rose two-tenths of a percent to 116.4 in September. While the LEI has gained 1.1 percent over the past three months, the pace of […]
A second Denny’s restaurant has opened in the Grand Valley. The new restaurant is located at 3205 Interstate Highway 70 Business Loop in the Peach Tree Plaza shopping center in Clifton. Horizon Dining owns the restauant and employs about 85 people. The restaurant is open around the clock and serves breakfast, lunch and dinner in […]
Kevin Borman has been installed as chairman of the Grand Junction Area Realtor Association (GJARA). Borman, managing broker of Keller Williams Colorado West Realty, has worked as a Realtor in the Grand Junction area for 30 years. He’s been a member of GJARA for 14 years. “Kevin will be the right leader at the right […]
A monthly measure of economic conditions for small businesses in Colorado continues to edge upward, although flagging consumer confidence hinders bigger gains. “The most significant challenge facing the Colorado economy today is that it is part of a struggling national economy,” said Jeff Thredgold, a corporate economist who calculates the Vectra Bank Colorado Small Business […]