The average apartment vacancy rate in Grand Junction declined during the fourth quarter of 2010, as did the average monthly rent. According to the latest results of a quarterly survey reported by the Colorado Division of Housing, the average apartment vacancy rate in Grand Junction fell to 7.5 percent for the fourth quarter. The average […]
Commercial rafting firms in Colorado reported an increase in business in 2010 that pushed the estimated stream of revenue from the industry to more than $150 million. With an anticipated increase in consumer spending as well as deep snowpacks that serve as the source of Colorado river flows, the outlook for the 2011 rafting season […]
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 […]
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 […]
An office furniture, installation and design company and wholesale dairy products distributor were among the winners of annual awards presented by the Grand Junction Area Chamber of Commerce. ProSpace Interiors was named Small Business of the Year, while Meadow Gold Dairy was named Business of the Year. Mike Berry, a financial advisor who launched a […]
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 […]
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 […]
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 […]
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, […]
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 […]