Housing prices have increased between 3.9 percent and 4.3 percent in Grand Junction over the past year, according to the latest results of monthly analysis by a California-based firm. CoreLogic reported that home prices increased 4.3 percent between September 2014 and September 2013. Including such so-called distressed sales as foreclosure auctions and short sales in […]
Phil Castle, The Business Times Real estate activity in Mesa County continues apace — reflecting a slow, but also steady, recovery in the local market. “The numbers are showing some stability. It doesn’t feel as fragile as it was before,” said Annette Miller, senior vice president of Heritage Title Co. in Grand Junction. At the […]
Phil Castle, The Business Times The monthly unemployment rate in Mesa County has dropped a full point, moving below the 5 percent milestone on its way to its lowest reading in nearly six years. Although the retreating jobless rate and a number of other indicators signal improving labor conditions, the labor force has yet to rebound […]
A monthly index forecasting economic performance in the United States continues to increase, signalling moderate growth in the month to come. The Conference Board Leading Economic Index rose two-tenths of a percent to 103.8 in August. Over the last six months, the index has advanced 3.9 percent with widespread strength among the individual indicators that […]
A monthly measure of optimism among small business owners has climbed to its second-highest level in nearly seven years, but still reflects more cautious and uncertain outlooks than upbeat expectations. “Expectations are still glum, although improving grudgingly,” said Bill Dunkelberg, chief economist of the National Federation of Independent Business. The NFIB reported that its Small […]
A monthly measure of optimism among small business owners has edged up on improving expectations for the economy, capital layouts and hiring. Readings for inventories and sales slipped, however, as the overall index remained below is historical average. The National Federation of Independent Business reported that its Small Business Optimism Index climbed to 95.7 in […]
The pace of job growth continues to accelerate in the United States, in turn pulling down the jobless rate to its lowest level in nearly six years. According to the latest Department of Labor estimates, U.S. payrolls increased 288,000 in June. The unemployment rate slipped two-tenths of a point to 6.1 percent, the lowest level […]
A quarterly measure of confidence among business leaders in Colorado continues to increase, a reflection in part of a state economy that’s outperformed the national economy. The University of Colorado reported that its Leeds Business Confidence Index edged up two-tenths of a point to 61.2 going into the third quarter. The index is based on […]
Phil Castle, The Business Times Bolstered in part by several large commercial deals, real estate activity has picked up in Mesa County. While no significant movement in the overall market is expected this year, the latest numbers offer some encouragement. “We’re picking up a little speed,” said Annette Miller, senior vice president of Heritage Title […]
Phil Castle, The Business Times The monthly unemployment rate in Mesa County continues to drop, but along with it a labor pool that’s drained to its lowest level in nearly eight years. With fewer people in the work force, employers could face more difficulty in finding qualified applicants for job openings, said Suzie Miller, business services […]