Sales and use tax collections, a key indicator of retail activity, remain well ahead of last year in Mesa County, according to the latest government reports. The City of Grand Junction reported collecting a total of more than $4.4 million in sales and use taxes in September, an increase of nearly 5.4 percent over the […]
A monthly measure of consumer confidence has retreated to recession-level readings on growing concerns about current and future business and labor conditions. The Conference Board reported that its Consumer Confidence Index (CCI) fell nearly seven points to 39.8 for October. “Consumer confidence is now back to levels last seen during the 2008-2009 recession,” said Lynn […]
Phil Castle, The Business Times: The monthly unemployment rate in Mesa County has retreated to its lowest level in nearly two years even as labor demand continues to increase, particularly for energy and transportation jobs. “We definitely have seen more activity in the job market,” said Suzie Miller, an employment specialist with the Mesa County Workforce […]
Special to The Business Times The Coleman Foundation has awarded Colorado Mesa University a grant to fund three Faculty Entrepreneurship Fellowships. A faculty entrepreneurship fellow is someone who understands the importance of developing entrepreneurial skills in their students and developing lines of communication between business, sciences, arts, and career and technical education programs. The Fellows […]
A monthly index forecasting economic performance in the United States continues to advance, but at a slowing pace that portends “sluggish” conditions. The Conference Board reported that its Leading Economic Index (LEI) rose two-tenths of a percent to 116.4 in September. While the LEI has gained 1.1 percent over the past three months, the pace of […]
A second Denny’s restaurant has opened in the Grand Valley. The new restaurant is located at 3205 Interstate Highway 70 Business Loop in the Peach Tree Plaza shopping center in Clifton. Horizon Dining owns the restauant and employs about 85 people. The restaurant is open around the clock and serves breakfast, lunch and dinner in […]
Kevin Borman has been installed as chairman of the Grand Junction Area Realtor Association (GJARA). Borman, managing broker of Keller Williams Colorado West Realty, has worked as a Realtor in the Grand Junction area for 30 years. He’s been a member of GJARA for 14 years. “Kevin will be the right leader at the right […]
Phil Castle, The Business Times: A Colorado-based company expects to soon open a revamped mining and processing facility that will help meet growing demand for the rare earth elements required to manufacture a profusion of high-tech products. The timing couldn’t be more important because China is expected to limit or even halt exports from what’s been […]
A monthly measure of economic conditions for small businesses in Colorado continues to edge upward, although flagging consumer confidence hinders bigger gains. “The most significant challenge facing the Colorado economy today is that it is part of a struggling national economy,” said Jeff Thredgold, a corporate economist who calculates the Vectra Bank Colorado Small Business […]
A man with more than 18 years of experience in the ski and travel industries has been hired as the new general manager of the Powderhorn Ski Resort. Daren Cole is expected to assume his new duties on Oct. 24. Cole most recently served as vice president of sales and marketing at Crested Butte Mountain […]