A sales representative for a solar energy company has earned recognition for his contributions to the Grand Junction Kiwanis Club. Rick Nisley was named Kiwanian of the Year for 2019 for his work as a club website manager and photographer as well as his other activities. “I feel there isn’t anything Kiwanis is involved in […]
A monthly measure of optimism among small business owners has retreated on less upbeat expectations for sales, earnings and capital outlays. “As expectations for sales gains and the general business environment faded, uncertainty levels increased,” said Bill Dunkelberg, chief economist of the National Federation of Independent Business. “Still, job openings and plans to create jobs […]
Payroll growth has rebounded in the United States with the largest monthly gain in six months. According to the latest Labor Department estimates, nonfarm payrolls swelled 224,000 in June. The unemployment rate edged up a tenth of a point, but at 3.7 percent remains new a 50-year low. The June gain in payrolls was the […]
Phil Castle, The Business Times Low housing inventories continue to slow real estate transactions in Mesa County, but nothing yet portends a significant market downturn. “I’m definitely not running scared here,” said Lynn Thompson, president of Bray Real Estate in Grand Junction. Annette Miller, the senior vice president of Heritage Title Co. in Grand Junction, […]
Mesa County will receive more than $3.6 million in the latest payment in lieu of taxes on federal lands in the county. The payment is the single largest to a Colorado county out of nearly $40 million in so-called PILT payments in the state for 2019. Nationwide, the Department of the Interior will distribute $514 […]
An agricultural lighting company that’s relocated operations to the Grand Valley has been approved to participate in a program offering tax incentives for creating new jobs. Violet Gro will join 14 other companies participating in the Colorado Rural Jump-Start Program, the Grand Junction Economic Partnership announced. “We are thrilled that Violet Gro is the latest […]
A monthly index forecasting economic conditions remains unchanged, but also signals what could be slowing growth in the months ahead. The Conference Board reports its Leading Economic Index (LEI) held steady at 111.8 in May following three consecutive months of increases. “While the economic expansion is now entering its 11th year, the longest in U.S. […]
A monthly measure of consumer confidence has dropped to its lowest level in nearly two years on less upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index retreated 9.8 points to 121.5 in June. That’s the lowest reading since the index stood at 120.6 in September 2017. Lynn Franco, […]
More concerned about national politics and international trade, Colorado business leaders are less optimistic about the economy and other aspects of their operations, according to the latest results of a quarterly survey. “Businesses just hate uncertainty. When you give them uncertainty, they become very cautious. They stop investing. They stop hiring. And they take a […]
Phil Castle, The Business Times The monthly unemployment rate in Mesa County has slipped below 3 percent for only the second time in more than 12 years. The lower jobless rate and growing labor force constitute two encouraging trends, said Curtis Englehart, director of the Mesa County Workforce Center in Grand Junction. “Those are two […]