A monthly index tracking business conditions in Colorado has rebounded to its highest level in nearly a year on continued growth in the energy sector and exports. The Business Conditions Index jumped more than nine points in May to 62.9. That’s the highest reading since the index stood at 68.4 in June 2010. The index […]
Sales and use tax collections continue to rise in Mesa County and the latest reports from county and municipal governments indicate collections remain ahead of last year’s pace. Mesa County reported $2.96 million in sales tax collections in April, a nearly 6 percent increase over the same month in 2010. So far for 2011, the […]
An office supply company with local roots and more than 30 years of operation in the Grand Valley is merging with a Front Range company that’s enjoyed rapid growth during a soft economy. Valley Office Supply recently notified customers it’s merging with Source Office Products of Golden. The Golden company is a decade younger than […]
A monthly index forecasting economic conditions in the United States has dipped, but signals continued growth. The Conference Board reported that its Leading Economic Indicator (LEI) fell three-tenths of a percent to 114 in April. The monthly decrease is only the second, however, since March 2009. Separate measures of current and past economic performance increased […]
The monthly unemployment rate in Mesa County has retreated to its lowest level in six months, but a shrinking work force remains a concern. According to the latest estimates from the Colorado Department of Labor and Employment (CDLE), the seasonally unadjusted jobless rate in Mesa County fell three-tenths of a point to 9.8 percent in […]
A tire distributor has announced plans to expand with the construction of a new facility in the Grand Valley. American Tire Distributors expects to build an 83,000 square foot facility off 21 1/2 Road. The firm supplies tire dealers, service repair shops and automotive performance shops with products, tools and programs. The Grand Junction Economic […]
Now that he’s hit 60, Tom Sawyer has begun contemplating retirement in earnest. The majority owner of a Grand Junction marketing and consulting firm, Sawyer looks forward to cutting back on his hours and eventually transferring management responsibilities to a successor. Because of differences in the way members of younger generations view work and careers, […]
In the midst of soft national and local economies, businesses have socked away an unprecedented 7 percent of their assets in cash. While cash can help businesses that want to expand operations and hire more employees, uncertainty over government regulation continues to hamper expansion, said Steve Gunderson, Western Colorado region president of U.S. Bank. It’s […]
Over the past year, Grand Junction has experienced the largest proportional decrease in average apartment vacancy rates among five metropolitan areas of Colorado. According to the latest results of a quarterly survey conducted for the Colorado Division of Housing, the average apartment vacancy rate in Grand Junction fell to 6.3 percent during the first quarter […]
As chief economist for Wells Fargo, John Silvia ranks among the top forecasters in the United States. But he said his job is only getting more difficult as the country experiences what he considers a different kind of recovery. “The character of this recovery is very, very different than anything we’ve seen before,” Silvia said […]