Mesa County real estate sales accelerate

Phil Castle, The Business Times No longer slowed by restrictions imposed at the onset of the coronavirus pandemic, real estate sales have accelerated in Mesa County. And if the trend continues in the fourth quarter, transactions and dollar volume for  2020 likely will top 2019. That would make for a good year — and maybe more […]

Collection reports: Sales taxes up, lodging taxes down

Tax collections, one measure of sales activity, have increased in the Grand Valley, according to the latest monthly reports. The City of Grand Junction reported a 2.5 percent increase in sales and use tax collections in August compared to the same month last year. Mesa County reported an 8.4 percent year-over-year gain. August collections reflect […]

Confidence index: Consumers shaken, not stirred

A monthly measure of consumer confidence has retreated further on less upbeat assessments of business and labor conditions. The Conference Board reported its Consumer Confidence Index dropped 6.9 points to 84.8 in August, declining for a second straight month. Components of the index tracking assessments of current conditions as well as the short-term outlook both […]

Leading index rises, but also signals slowing

A monthly index forecasting economic conditions in the United States has increased for a third consecutive month, but still signals slowing growth. The Conference Board reported its Leading Economic Index rose 1.4 percent to 104.4 in July. The latest gain follows a 3 percent increase in June and 3.1 percent increase in May. “Despite the […]

Small Business Optimism Index rebounds

A measure of optimism among small business owners has increased on more upbeat expectations for earnings, staffing and inventories. Small businesses continue to struggle, however, in the midst of the coronavirus pandemic and related closures, said Bill Dunkelberg, chief economist of the National Federation of Independent Business. “Small businesses are working hard to recover from […]

Mesa County jobless rate — and labor force — drop

Phil Castle, The Business Times The unemployment rate has dropped  in Mesa County, but so has the labor force. While the latest estimates constitute what Curtis Englehart deemed a “mixed bag,” the director of the Mesa County Workforce Center in Grand Junction said labor conditions are improving. “It feels like we’re slowly getting back on […]

Small Business Optimism Index rebounds

A monthly measure of optimism among small business owners has rebounded on more upbeat expectations for improving sales and staffing. The National Federation of Independent Business reported its Small Business Optimism Index rose 4.5 points to 94.4 in May. The index dropped a total of 13.6 points in April and March in the aftermath of […]

Mesa County jobless rate spikes

Phil Castle, The Business Times The monthly unemployment rate has spiked to one its highest levels ever in Mesa County as the effects of the coronavirus pandemic and related restrictions play out in the labor market. The low number of positive coronavirus cases and efforts to reopen businesses in the county offer encouragement, though, the […]

Economic indexes suggest U.S. now in recession territory

A monthly index forecasting economic conditions in the United States continues to slide, suggesting the coronavirus pandemic and related restrictions have triggered a recession. The Conference Board reported its Leading Economic Index (LEI) fell 4.4 percent to 98.8 in April. That decline follows a 7.4 percent decrease in March, the largest monthly decline in the […]

1 2 3 31