Indicators make investment strategies more cautious

Phil Castle, The Business Times A lengthy expansion that’s seen record-level cash flows and profit margins shows signs of slowing down, and that has James Swanson feeling more bearish than bullish about the stock market. Swanson believes a more conservative investment approach could be in order that involves a little less stock and a little […]

Consumer Confidence Index rises

A monthly measure of consumer confidence continues to increase on more upbeat assessments of business and labor conditions. The Conference Board reported its Consumer Confidence Index rose 2.9 points to 122.9 in August. “Consumers’ more buoyant assessment of present-day conditions was the primary driver of the boost in confidence, with the present situation index continuing […]

Appetite for local foods benefit businesses

Phil Castle, The Business Times Theo Otte doesn’t have to travel far to satisfy the appetites of his customers for fresh fare. The co-owner and chef at 626 on Rood obtains a lot of the ingredients he uses from the Grand Valley. But several of the producers who supply the Grand Junction restaurant were especially […]

Colorado mining rebound expected under Trump administration

Phil Castle, The Business Times The mining industry — coal mining in particular — is expected to fare better under changing federal policies, according to the president of the Colorado Mining Association. “This is an industry we believe is going to rebound,” said Stan Dempsey. That in turns bodes well for the state because mining […]

Grand Junction selected for economic development initiative

Grand Junction is among the latest communities selected to implement initiatives under state economic development efforts. Grand Junction and Grand Lake were selected for the creativity lab initiative under an effort billed as Colorado Blueprint 2.0. Blueprint 2.0 leverages state partnerships and specialized resources to address the economic development goals of rural areas of Colorado. […]

City official: Venue management arrangement working well

Six months into a contract to manage events and entertainment facilities in Grand Junction, Pinnacle Venue Services has increased sales and net revenues as well as created new events and protocols, the city announced. “We are extremely pleased with the progress we have been seeing with Pinnacle. They have exhibited creativity and good business sense […]

Aug. 29 meeting to explore concussion management

Community Hospital has scheduled a town hall meeting for Grand Junction to explore the hows and whys of concussion management. The meeting is set for 8:30 a.m. to noon Aug. 26 at the DoubleTree by Hilton Hotel, 743 Horizon Drive. The event is geared for a wide audience that includes physicians and other health care […]

Colorado ranks high for wind power

Colorado ranks among the top 10 states for the proportion of electricity generated by wind power and the capacity of distributed systems, according to reports released by the U.S. Department of Energy. Colorado ranks seventh in the proportion of in-state generation of electricity from wind at 17.3 percent. In 2016, 61 megawatts of utility scale […]