Consumer Confidence Index increased

A measure of consumer confidence continues to increase on more upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index climbed to 115.8 in December. That’s a gain of 3.9 points over a reading that was revised upward for November. For December, a component of the index tracking current assessments […]

Small Business Optimism Index edges up despite lower expectations

A measure of optimism among small business owners has edged up, but also reflects record-low expectations for improving conditions. “As the end of the year nears, the outlook for business conditions is not encouraging to small business owners as lawmakers propose additional mandates and tax increases,” said Bill Dunkelberg, chief economist of the National Federation […]

Pace of hiring slows in U.S. in November

Hiring continues in the United States, but at a slower pace in November that was less than half the average monthly gain this year. Nonfarm payrolls increased 210,000 and the unemployment rate decreased four-tenths of a point to 4.2 percent, according to the latest estimates from the U.S. Bureau of Labor Statistics. The employment gain […]

Mesa County real estate sales top $2 billion

Phil Castle, The Business Times The number of real estate transactions in Mesa County continues to trend down compared to what was a busier time last year. But higher prices and large commercial deals have propelled the year-to-date dollar volume past the $2 billion milestone. There are signs the market could return to more normal […]

Grand Valley tax collections continue to increase

A key measure of sales activity continues to increase in Grand Junction and Mesa County. The City of Grand Junction reported a 17.6 percent increase in sales tax collections in October compared to the same month a year ago. Mesa County reported an even larger proportional gain at 18.8 percent. City lodging tax collections, a […]

Small Business Optimism Index retreats

A measure of optimism among small business owners has declined even as concerns over labor and inventory shortages mount heading into the holiday shopping season. The National Federation of Independent Business reported it’s Small Business Optimism Index decreased nine-tenths of a point to 98.2 in October. “Small business owners are attempting to take advantage of […]

Consumer Confidence Index rebounds

A measure of consumer confidence has rebounded on more upbeat expectations for business and labor conditions as well as plans to make big purchases and take vacations. The Conference Board reported its Consumer Confidence Index rose four points to 113.8 in October. The gain reversed a three-month decline. Components of the index tracking assessments of […]

Small Business Optimism Index retreats

A measure of optimism among small business owners has decreased even as concerns over shortages of labor and supplies increased. “Small business owners are doing their best to meet the needs of customers, but are unable to hire workers or receive the needed supplies and inventories,” said Bill Dunkelberg, chief economist of the National Federation […]

Grand Junction tax collections trend upward

A key measure of sales activity in Grand Junction continues to increase on a year-over-year basis by double-digit proportions. The city reported collecting more than $4.9 million in sales taxes in August. That was an increase of nearly $715,000 and 17 percent over the same month last year. The city received almost $900,000 as its […]

Index: Consumers shaken, not stirred

A measure of consumer confidence continues to decline as concerns mount over the COVID-19 pandemic as well as business and labor conditions. The Conference Board reported its Consumer Confidence Index fell 5.9 points to 109.3 in September. Components of the index tracking assessments of current conditions, as well as short-term outlooks, retreated. With declines in […]

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