Bonnie Petersen, former executive director of the Associated Governments of Northwest Colorado and Club 20, was recognized for five decades of work promoting economic development in Western Colorado. State Sen. Janice Rich, a Republican from Grand Junction, also was honored for efforts. The Economic Development Council of Colorado presented Petersen with its Chairman’s Choice Award. […]
An increase in new business filings in Colorado bodes well for further economic growth in the state. “Colorado continues to be a great place to not only start a business, but to stay in business. I’m very excited to see our business community continue to thrive in the state,” said Secretary of State Jena Griswold. […]
Colorado ranks 27th among the 50 states in the latest comparison of how tax systems affect businesses. Colorado fared well in the 2024 State Business Tax Climate Index for comparatively lower corporate and individual income taxes, but less so for sales taxes and unemployment insurance. The state ranked 21st in the 2023 index. The Tax […]
A $3.2 million grant has been awarded for a mixed-use project in downtown Grand Junction that will combine retail space, an artist co-op and workforce housing. The Colorado Economic Development Commission awarded the community revitalization grant to the Grand Junction Downtown Development Authority for the Terminal. The DDA plans to use what once was the […]
Payrolls continued to grow in the United States in October, although the unemployment rate also edged up. Nonfarm payrolls increased 150,000 and the jobless rate ticked up a tenth of a point to 3.9 percent, according to the latest estimates from the U.S. Bureau of Labor Statistics. Initial estimates for payroll gains for the previous […]
Phil Castle, The Business Times Pressed to assess the real estate market in Mesa County, Robert Bray needs only a few words. “More of the same,” said Bray, chief executive officer of Bray & Co. Real Estate based in Grand Junction. Higher interest rates on mortgages and lower inventories of homes continue to curb real […]
A measure of consumer confidence continues to retreat on less upbeat assessments of business and labor conditions. The Conference Board reported its Consumer Confidence Index fell 1.7 points to 102.6 in October for a third consecutive month of declines. “Consumers continued to be preoccupied with rising prices in general, and for grocery and gasoline prices […]
Phil Castle, The Business Times Black and white photos adorning the walls inside the Hotel Melrose offer a glimpse more than a century back in time to when the hotel opened in 1908. A lot has changed since then — both outside and inside the historic building in downtown Grand Junction. But thanks to the […]
A celebration is scheduled to mark the opening of a national discount retail store in Grand Junction. Burlington Stores announced its opening at its new location on Nov. 4 in the Grand Mesa Center, 2424 U.S. Highway 6 & 50. The new location will bring to 15 the number of Burlington stores in Colorado as […]
A Grand Junction company is among the recipients of the latest grants promoting the development of attainable housing across Colorado. Phoenix Haus is among three Colorado-based panelized manufacturers to receive grants through the Innovating Housing Incentive Program. The incentives division of the Colorado Office of Economic Development and International Trade manages the program. The latest […]