U.S. labor update: Payrolls up, jobless rate down

Payrolls grew and the unemployment rate edged down in the United in November. Nonfarm payrolls increased 199,000 and the jobless rate decreased two-tenths of a point to 3.7 percent, according to the latest estimates from the U.S. Bureau of Labor Statistics. The initial estimate for job gains in September was revised downward 35,000 to 262,000. […]

What’s in store for 2024? Business and economic forecast offers a look

What’s in store for 2024? Business and economic forecast offers a look

Phil Castle, The Business Times Mesa County is poised to continue on what’s described as a controlled growth trajectory in 2024 as a more diversified economy ensures resilience and sustainability. More businesses and investments in commercial real estate buoy the outlook, as do further opportunities  for development. Tourism and outdoor recreation continue to drive economic […]

Grocer deal deemed competitive necessity

Phil Castle, The Business Times Scott Moses contends a proposed acquisition that would combine Kroger and Albertsons constitutes a response to non-traditional grocers that have wrested market share away from more conventional supermarkets. “This is one way supermarket grocers can get strong and compete,” said Moses, a partner and head of the grocery, pharmacy and […]

Happy holidays for retailers? Projections and surveys differ

While holiday spending is expected to reach record levels, one survey of consumers also reflects what was described as a somewhat cautious mood. The National Retail Federation forecast holiday spending in November and December to grow to between $957.3 billion and $966.6 billion. If realized, that range would constitute a 3 percent to 4 percent […]

Report quantifies outdoor rec effect in Colorado

Outdoor recreation contributed nearly $13.9 billion to the Colorado economy and employed almost 130,000 people in 2022, according to the latest results of an annual reported compiled by the U.S. Bureau of Economic Analysis. “We are grateful to the BEA for gathering this data showing clearly that the outdoor industry is a critical economic driver […]

Wireless provider deploys technology from Grand Junction firm

A nationwide wireless service provider has enabled its smartphones and tablets with technology from a Grand Junction-based company to better manage streaming content. FreeMo announced it’s enabling it affordable connectivity program devices with content shaping solutions from Sky Peak Technologies that will enable subscribers to view up to 10 times more streaming video content from […]

Junior Service League awards $30,000 in grants

The Junior Service League of Grand Junction awarded a total of $30,000 in grants to 11 nonprofit organizations in Mesa County to support their work in family and children services, children’s arts and recreation opportunities. Junior Service League members awarded the grants at a reception for the recipients. “Awarding these grants is the culmination of […]

Applicants sought for ag internship program

Applications will be accepted through  Jan. 5 from agricultural businesses in Colorado interested in hiring paid interns in 2024. Kate Greenberg, the commissioner of agriculture, said ag producers have a wealth of knowledge and experience to share with those looking to get into the industry. “Through paid, hands-on internships and stipends to the businesses, we’re […]

Tri-State plans earlier closure of Craig power plant

A Colorado-based power cooperative plans to close a coal-fired power plant in northwest Colorado earlier than initially expected. Tri-State Generation and Transmission Association also announced plans to close a unit of a coal-fired plant in Arizona as well as procure additional energy through renewable sources and battery storage. A Westminster-based cooperative with 45 members that […]

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