Phil Castle, The Business Times Diane Schwenke has high hopes for what really could be the most wonderful time of the year for Grand Valley businesses. Local sales tax collections, a key indicator of retail activity, continue to increase. Moreover, consumers have regained a level of confidence that helps to drive sales. Those indicators and […]
A monthly measure of hotel and motel stays in Grand Junction continues to reflect increased business for the local hospitality sector. According to the Grand Junction Visitor & Convention Bureau report for October, $136,486 in lodging taxes were collected. That’s a 2.2 percent increase over the $133,556 in collections reported for the same month last […]
Phil Castle, The Business Times The increasing pace of sales tax collections in the Grand Valley has bolstered increasingly optimistic assessments for improving economic conditions as well as more upbeat projections for next year. “It looks like things may be looking up a little bit,” said Jodi Romero, financial operations director for the City of […]
A Grand Junction-based construction firm once again tops a list of Western Slope businesses that rank among the top 250 privately owned companies in Colorado. FCI Constructors ranks 20th in the 2014 list compiled by ColoradoBiz magazine. The 2014 rankings are based on self-reported gross revenues for 2013. To be included on the list, companies […]
A monthly measure of optimism among small business owners has rebounded on more upbeat expectations for capital spending and increased sales, but also reflects ambivalence. “Those were two bright spots in an otherwise mixed reading,” said Bill Dunkelberg, chief economist for the National Federation of Independent Business. The NFIB reported that its Small Business Optimism […]
Job growth continues in the United States at a pace of more than 200,000 net new positions a month. Meanwhile, the jobless rate has slipped to its lowest level in six years. According to the latest Department of Labor estimates, nonfarm payrolls increased 214,000 in October. The unemployment rate edged down a tenth of a […]
A new Web site helps to connect volunteers with local agencies and nonprofit groups in Mesa County. A collaborative effort of United Way of Mesa County and Western Colorado 2-1-1, the Get Connected Web site matches volunteers with opportunities that align with their interests and schedules. Volunteers can sign up to receive e-mail notifications from […]
A company has scaled back production at a Western Colorado coal mine and eliminated 150 jobs there. Bowie Resources announced that it’s reducing production at its Bowie No. 2 Mine near Paonia following the termination of a coal supply agreement with the Tennessee Valley Authority as well as what the company characterized as continued weakness […]
Colorado ranks 20th among the 50 states in the latest results of an annual analysis of how taxes affect business. Colorado slipped one spot in the State Business Tax Climate Index for 2015, but continues to fare well for its comparatively lower corporate and individual income taxes. The Tax Foundation — a nonprofit, nonpartisan tax […]
Bank of Colorado has announced plans to acquire MontroseBank and its six Western Colorado locations. Executives with the two banks have signed an agreement. Pending regulatory approval, the transaction is expected to close in February. The financial terms of the deal were not disclosed. “We are pleased to add MontroseBank to the Bank of Colorado […]