The City of Grand Junction plans to expand 24 Road as the next phase of a long-running effort to provide a loop that speeds travel through the Grand Valley. “Moving freely around the city is one of the key measures of the community’s quality of life. Growth and subsequent traffic demands are increasing the need […]
Phil Castle, The Business Times Employment is expected to continue to increase in Colorado in 2023, but at less than half the pace of 2022. Although the state boasts the second highest labor participation rate in the country, worker shortages likely will hamper employment growth, says Brian Lewandowski, executive director of the business research division […]
Phil Castle, The Business Times Mesa County is positioned for growth in 2023, according to the latest results of an annual business and economic forecast for the year ahead. The mostly upbeat outlook is based in part on a more diversified economy with expected gains in the energy, manufacturing and tourism sectors. Economic indicators also […]
Phil Castle, Business Times Real estate activity continues to slow in Mesa County as a combination of higher interest rates and prices make homes less affordable for prospective buyers. The story of the local market has changed, said Robert Bray, as mortgage interest rates and residential inventories have reversed roles. In nearly doubling, interest rates […]
A measure of consumer confidence continues to retreat on less optimistic assessments of business and labor conditions that could signal recession. The Conference Board reported its Consumer Confidence Index fell two points to 100.2 in November. Components of the index tracking the current situation and short-term expectations declined. Lynn Franco, senior director of economic indicators […]
A national construction firm specializing in repairing residential and commercial property damage has expanded operations with a new facility in Montrose. Paul Davis Restoration completed a 15,000-square-foot expansion within the new flex buildings on the Colorado Outdoors campus. Built by Paul Davis of Western Colorado employees, the facility will serve as the company’s Western Slope […]
An annual festival showcasing films featuring outdoor sports, remote locations and environmental issues is scheduled to return to Grand Junction. A stop on the Banff Centre Mountain Film Festival World Tour is set for Feb. 24 and 25 at the Avalon Theater, 645 Main St. The doors will open at 6 p.m. The films will […]
Colorado ranks 10th in a new measure of prosperity that takes into account business, education, governance and other factors. The American Dream Prosperity Index was released by the Milken Center for Advancing the American Dream in partnership with Legatum Institute. According to the index, the United States continues to experience an increase in prosperity despite […]
Colorado ranks second among the best states to start a business, according to a new study evaluating a combination of factors. Forbes Advisor conducted the study, taking into account a total of 18 metrics across five categories — business costs, business climate, financial accessibility, economy and workforce. The metrics included taxes, wages, business survival rates, […]
SummitWest Care based in Grand Junction was among the latest recipients of grants to support efforts to improve the lives of older adults and their caregivers. SummitWest Care received a $25,000 grant, one of eight grants worth a total of nearly $240,000 the NextFifty Initiative awarded to Western Colorado organizations. SummitWest Care will use the […]