Consumer confidence rebounds as holiday season nears

A monthly measure of consumer confidence has rebounded on more upbeat expectations for business and labor conditions — and just in time for the upcoming holiday shopping season. The Conference Board reported that its Consumer Confidence Index rose 5.5 points to 94.5 for October, more than offsetting a decline the month before. “Consumers have regained […]

Leading indicators forecast moderate economic growth

A monthly index forecasting economic performance in the United States has picked back up, signaling moderate growth for the remainder of the year. The Conference Board reported that its Leading Economic Indictor rose eight-tenths of a percent to 104.4 in September. While the LEI was unchanged for August, the index has increased 3.5 percent over […]

New business filings forecast job growth in Colorado

The latest analysis of new business filings in Colorado forecasts continued job growth through the fourth quarter of this year and the first quarter of next year. Nearly 28,000 new businesses registered with the secretary of state during the third quarter — an increase over the second quarter of this year, the third quarter of […]

Federal tax credits allocated for Grand Junction housing development

Nearly $800,000 in federal tax credits have been allocated for an affordable housing development in Grand Junction. The Colorado Housing and Finance Authority awarded $785,116 in federal low-income housing tax credits for Pathways Village, a 40-unit housing development designed to help homeless families and individuals in Western Colorado. Construction of Pathways Village is expected to […]

Workers’ comp “loss costs” hold steady

For the first time in five years, Colorado employees will avoid an increase in the so-called “loss costs” component of their workers’ compensation insurance premiums. “These results come down to the efforts made by employers and employees to control workers’ compensation costs,” said Marguerite Salazar, state insurance commissioner. “Getting injured workers back to work sooner, […]

Governor hails expansion of outdoor gear manufacturer

Colorado Gov. John Hickenlooper joined other state officials in hailing an announcement an outdoor equipment manufacturer will expand its operations in Montrose and add more than 50 jobs in the process. “Mayfly Outdoors’ continued growth and success is a significant win for Montrose, the state of Colorado and outdoor enthusiasts around the world,” Hickenlooper said. […]

North Avenue planning garners award

The City of Grand Junction has earned recognition for long-term planning for North Avenue that calls for not only retail businesses, but also office space and housing. The Colorado Chapter of the American Planning Association presented the city its merit award in the category for projects with small budgets. The city has developed long-range plans […]