Colorado business index slumps to four-year low

A monthly index tracking business conditions in Colorado has slumped to its lowest level in more than four years as slowing in exports and the effects of a federal government shutdown more than offset increasing construction activity. The Business Conditions Index fell more than seven points in October and at 44.9 no longer forecasts growth […]

Grand Junction investment company merges with growing firm

Phil Castle, The Business Times A Grand Junction investment company that for more than eight years has provided proactive services based on independent research has joined a growing firm of independent advisors who do the same thing. May-Investments has merged with Avant-Garde Advisors in an arrangement expected to bring additional resources to the combined operation […]

Private group purchases mall space housing Cabela’s

Phil Castle, The Business Times A private group has purchased more than 75,000 square feet of space in the Mesa Mall in Grand Junction housing the Cabela’s outdoor sports retailer. Nursery Acres Limited Partnership purchased the space from Macerich Mesa Mall Holdings, said Larry Thiel, managing director of the Transwestern investment services group in Denver. […]

Government shutdown dampens consumer confidence

A monthly measure of consumer confidence has dropped sharply after a 16-day federal government shutdown dampened the outlook for business and labor conditions. The Consumer Confidence Index dropped nine points to 71.2 in October on less upbeat assessments of current conditions as well as short-term expectations. “Consumer confidence deteriorated considerably as the federal government shutdown […]

Sub sandwich chain plans two Grand Junction locations

Phil Castle, The Business Times A fast-growing chain of sub sandwich shops has announced plans to open two locations in Grand Junction within the next three years. The expansion is part of a five-year effort to more than double the number of Erbert & Gerbert’s shops nationwide by 2017. Unique flavor combinations differentiate Erbert & […]

Worker’s comp premiums to rise in 2014

Worker’s compensation insurance premiums continue to rise in Colorado, but at a slower pace. The Colorado Division of Insurance announced that the “loss costs” component of workers’ compensation insurance premiums will increase 2.6 percent for 2014, half the 5.2 percent hike for 2013. The 2014 increase will mark the fourth straight year of higher loss […]

Studies confirm product placement influences consumers

 Consumers who watch television sitcoms and see product placements through covert marketing have better memories of the products and better attitudes toward the brands, according to the results of three joint studies led by the University of Colorado at Boulder. “Frankly, we were a bit surprised at the power of covert marketing across a variety […]

Mesa County deed releases dip in third quarter

A measure of home loans and real estate sales declined in Mesa County during the third quarter, but remained well above levels for the previous two years. According to the latest information from the Colorado Division of Housing, the Mesa County public trustee’s office released  2,003 deeds of trust during the third quarter of 2013. […]

Grand Junction companies rank among top private firms

FCI Constructors tops a list of five companies based in Grand Junction that rank among the top 250 privately owned firms in Colorado. FCI Constructors, a construction management and contracting firm, ranked 15th in the 2013 list complied by ColoradoBiz magazine. The 2013 rankings are based on self-reported gross revenues for 2012. To be included […]