Payrolls increased more than 500,000 and the unemployment rate decreased to its lowest level in more than 50 years as 2023 began with an unexpected bang in the U.S. labor market. Nonfarm payrolls grew 517,000 and the jobless rate dropped to 3.4 percent in January, according to the latest numbers from the Bureau of Labor […]
A monthly measure of consumer confidence has dropped on less optimistic outlooks for business and labor conditions. The Conference Board reported its Consumer Confidence Index fell 1.9 points to 107.1 in January. A component of the index assessing current conditions advanced. But a component based on expectations retreated to a level that usually signals a […]
Phil Castle, The Business Times A record number of new business filings bodes well for a Colorado economy otherwise expected to slow this year. The secretary of state’s office recorded 48,806 new entity filings in the fourth quarter of 2022 — a 37.2 percent year-over-year increase and the most ever for the fourth quarter. Another […]
Phil Castle, The Business Times Elizabeth Fogarty deems the inclusion of Grand Junction in an annual go-to list of global destinations published in the New York Times a significant milestone in local efforts to promote travel and tourism. “It’s considered PR gold in the travel industry.” But it’s only the latest media coverage to bring […]
Phil Castle, Business Times Sydney Garvey has sold flowers by subscription, at farmers markets and from her farm near Palisade. But she’s excited about soon selling flowers from yet another venue — a florist shop she’s about to open in downtown Grand Junction. “It’s, in my opinion, a perfect location.” Flowers by Garvey’s Gardens is […]
The Colorado Agricultural Commission has approved nearly $200,000 in funding for four projects through a new rural mental health grant program. “Farm and agricultural stress comes from so many different sources, yet there is a stigma around accessing services. Whether you’re dealing with the effects of climate change, anxiety and depression, struggling after deployment or […]
Colorado ranks fourth among the 50 states in the latest results of an annual analysis of the best and worst places to start businesses. WalletHub, a personal finance website, compared all 50 states for business environment, access to resources and business costs. A total of 27 metrics were used to evaluate those factors — everything […]
The U.S. Bureau of Land Management field office in Grand Junction joined with Western Rivers Conservancy to acquire land within a conservation area in Mesa County. Located on the Gunnison River within the Dominguez-Escalante National Conservation Area, the 26.32-acre acquisition is expected to protect resources for future generations. “This acquisition will benefit the public and […]
An upcoming meeting in Grand Junction will offer participants an opportunity to comment on solar energy development on U.S. Bureau of Land Management lands in the West. “The BLM is committed to expanding renewable energy development on public lands to help lead the nation into a clean energy future, enhance America’s energy security and provide […]
The results of a new survey reveal nearly unanimous support among Coloradans for the agriculture industry in the state. Fully 98 percent of those responding to a survey conducted by the Colorado Department of Agriculture and Colorado State University said the food and ag industry is important to economic development; farms, ranches and agriculture are […]