Real estate off to fast start in Mesa County

Phil Castle, The Business Times Real estate activity continues apace in Mesa County with gains in transactions and dollar volume. “It’s a good way to start the year out,” said Annette Miller, senior vice president of Heritage Title Co. in Grand Junction. Robert Bray, chief executive officer of Bray Real Estate in Grand Junction, expects […]

City sales and lodging tax collections decline in 2020

Sales tax collections, one measure of retail activity, declined in 2020 in Grand Junction, the city reported. Lodging tax collections, a measure of hotel and motel sales, also dropped. The city collected a total of more than $57 million in sales and use taxes in 2020. That’s a decrease of about $1.1 million and 1.9 […]

Consumer Confidence Index increases

A measure of consumer confidence has increased on more upbeat expectations for business and labor conditions. The Conference Board reported its Consumer Confidence Index rose 2.1 points to 89.3 in January.  An increase in a component of the index tracking the short-term outlook more than offset a decrease in a component of the index tracking […]

Colorado rural index declines

A monthly measure of the rural economy in Colorado has declined in part on decreasing employment.  The Creighton University Rural Mainstreet Index for Colorado retreated 1.3 points to 41.6 for January. The overall Rural Mainstreet Index for a 10-state region that includes Colorado rose four-tenths of a point to 52, the second-highest reading since January […]

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 […]

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