Mesa County jobless rate jumps

A year that brought big swings in unemployment in Mesa County ended with an increase as the effects of the coronavirus pandemic and seasonal layoffs combined to push the jobless rate higher. The year ahead could be different, though, if vaccines and proactive business measures prove effective, said Curtis Englehart, director of the Mesa County […]

Survey: Small business owners shaken, not stirred

A monthly measure of optimism among small business owners has dropped on less upbeat expectations for the economy, sales and hiring. The National Federation of Independent Business reported its Small Business Optimism Index fell 5.5 points to 95.9 in December. With the loss, the index fell below the nearly 50-year average of 98. “This month’s […]

Leading index rises, but signals slowing ahead

A monthly index forecasting economic conditions in the United States continues to increase, but at a pace that signals slowing. The Conference Board reported its Leading Economic Index (LEI) rose six-tenths of a point to 109.1 in November. The gain was the seventh in as many months. “The U.S. LEI continued rising in November, but […]

Uncertainty dampens small business outlook

A measure of optimism among small business owners has decreased even as uncertainty over the COVID-19 pandemic and related restrictions has increased. The National Federation of Independent Business reported its Small Business Optimism Index fell 2.6 points to 101.4 in November. The index remains above the nearly 50-year average reading of 98, however. “Small business […]

Consumer Confidence Index retreats

A measure of consumer confidence has declined on less upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index (CCI) fell 5.3 points to 96.1 in November. Components of the index tracking current conditions as well the short-term outlook retreated. Lynn Franco, senior director of economic indicators at the Conference […]

Small Business Optimism Index holds steady

A measure of optimism among small business owners remains unchanged on a mix of positive and negative expectations for the months ahead. The National Federation of Independent Business reported its Small Business Optimism Index held steady at 104 in October. The latest reading remains slightly higher than the historical average of 100 for the 46-year-old […]

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 […]

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