Phil Castle, The Business Times Stanley Stoll oversees a company that’s analyzed some of the most notorious tragedies in history — the car accident that killed Princess Diana, the crash of Air France Flight 447 and the collapse of two walkways in a Kansas City hotel. But Knott Laboratory also has worked on a variety […]
The Colorado economy is expected to continue to rebound from the COVID-19 pandemic in 2022, but challenges persist. “Colorado’s economy is on the cusp of returning to pre-pandemic levels in a lot of areas. But we have to keep working to make sure that momentum continues for the weeks, months and years ahead,” said Jena […]
A measure of optimism among small business owners has declined even as concerns mount over inflationary pressures pushing prices and wages higher. “More small business owners started the new year raising prices in an attempt to pass on higher inventory, supplies and labor costs,” said Bill Dunkelberg, chief economist of the National Federation of Independent […]
Phil Castle, The Business Times The commercial activity and higher residential prices that contributed to a record-breaking year for real estate in Mesa County in 2021 continues in 2022. Compared to the same month a year ago, the overall number of sales slipped in January. But the dollar volume of those transactions soared 40 percent. […]
Payrolls increased 467,000 in the United States in January even as the unemployment rate edged up a tenth of a point to 4 percent. The latest U.S. Bureau of Labor Statistics estimate for nonfarm payroll gains came in below the average monthly increase of 555,000 in 2021, but exceeded forecasts. Moreover, estimated payroll gains for […]
Phil Castle, The Business Times Temporary and persistent factors have pushed two measures of inflation in the United States to their largest year-over-year increases in 40 years. Still other factors, including higher interest rates, could moderate further increases. But inflation is expected to remain above 2 percent for at least the next two years, according […]
Phil Castle, The Business Times Like any skilled business executive, Donna Peterson thinks outside the box, pondering different ways of doing things to improve operations and increase sales. Like any skilled business executive, Donna Peterson thinks outside the box, pondering different ways of doing things to improve operations and increase sales. But as managing partner […]
Phil Castle, The Business Times A Grand Junction facility is scheduled to open in August that will help meet a growing need to distribute food to people experiencing hunger in Western Colorado. At nearly twice the size of the existing facility, the warehouse and distribution center is expected to enable Food Bank of the Rockies […]
A multifamily property development firm has announced plans to construct two more apartment complexes in Grand Junction with a total of 336 apartments. Perry Reid Properties — a firm based in Lincoln, Neb., that developed the Railyard at Rimrock — plans to develop the Slate on 25 and Heights on Horizon. Perry Reid Properties will […]
Sales tax collections, a measure of retail activity, continue to increase on a year-over-year basis in Grand Junction and Mesa County. The City of Grand Junction collected more than $4.6 million in sales taxes in December, a 22.7 percent increase compared to the same month a year ago. Mesa County collected more than $3.6 million […]