A leading indicator of construction activity in the United States continues to rise, but the overall outlook remains less promising. Associated Builders and Contractors reported that its Construction Backlog Indicator (CBI) increased 10 percent in the second quarter to an average of 8.1 months. That’s up from 7.3 months the previous quarter. The CBI is […]
A monthly index tracking conditions for small businesses in Colorado continues to decline as weakening global and national economies affect the state. “It’s unfortunate that the inherent strength of the Colorado economy, like many of its neighbors, is held back by external political and economic developments,” said Jeff Thredgold, a corporate economist who calculates the […]
A monthly measure of optimism among small business owners has declined for a fifth straight month, a decline that’s prompted one economist to suggest the index tracks pessimism instead. The National Federation of Independent Business reported that its Small Business Optimism Index fell another nine-tenths of a point to 89.9 in July. The decline was […]
A $7.1 million transaction has been completed to clear the way for what soon will become Colorado Mesa University to purchase the Community Hospital site in Grand Junction. The completion of the deal was announced in a news release issued by the university and hospital. The presidents of the university and hospital announced their plans […]
A monthly index tracking labor trends slipped in July, forecasting slower job growth in the months ahead. The Conference Board reported that its Employment Trends Index fell to 100.6 in July, down three-tenths from a revised 100.9 in June. The ETI remains 4 percent higher than a year ago, however. Gad Levanon, an economist with […]
Unemployment edged down in the United States in July as payrolls rose an estimated 117,000. According to the latest statistical snapshot from the Labor Department, the jobless rate slipped a tenth to 9.1 percent. Nonfarm payrolls increased 117,000 as private sector employment rose 154,000 and government employment fell 37,000. What initially were estimated as meager […]
Five energy companies have earned awards for their operations in Colorado. The Colorado Oil and Gas Conservation Commission (COGCC) announced its latest outstanding operator awards during the annual Colorado Oil & Gas Association conference. “We want to highlight the leadership of companies with exceptional conduct when it comes to protection of the public and our […]
The Grand Valley Gold’s Gym has been named the top franchise for the gym chain. The Franchise of the Year Award, presented at the Gold’s Gym International Convention in Las Vegas, recognizes excellent customer service, community outreach programs and efforts to promote the Gold’s Gym brand through superior facilities and operations. Out of 600 Gold’s […]
For Lara Galloway, social media is fun, rewarding and nothing less than the source of nearly all the business for her coaching firm. Galloway estimates that she’s developed contacts with more than 95 percent of her clients through Twitter, Facebook and other social media sites on the Internet. “It is fun. It is social. But […]
A monthly measure of business conditions in Colorado has edged downward, but continues to forecast expansion in the months ahead. The Business Conditions Index slipped two-tenths of a point in July, but at 54.2 still signals an expanding economy over the next three to six months. “Based on recent surveys, I expect continuing improvements in […]