A measure of consumer confidence continues to retreat as concerns mount over rising gasoline and food prices. The Conference Board reported its Consumer Confidence Index fell 4.5 points between May and June to 98.7. While a component of the index assessing current business and labor conditions edged down, a component tracking expectations dropped more than […]
Tax collections, one measure of sales activity, continue to increase on a year-over-year basis in Mesa County. The county collected more than $4 million in sales taxes in May, a 3.4 percent increase over what was collected for the same month a year ago. May reports reflect April sales. Mesa County also collected nearly $400,000 […]
A measure of optimism among small business owners has edged down on increasingly pessimistic expectations for the economy. “Small business owners remain very pessimistic about the second half of the year as supply chain disruptions, inflation and the labor shortage are not easing,” said Bill Dunkelberg, chief economist of the National Federation of Independent Business. […]
A measure of consumer confidence has retreated along with their assessments of business and labor conditions. The Conference Board reported its Consumer Confidence Index fell to 106.4 in May, down from a revised 108.6 in April. Components of the index tracking current conditions and the short-term outlook declined. Lynn Franco, senior director of economic indicators […]
Tax collections, a measure of sales activity, continue to increase on a year-over-year basis in Mesa County. The county collected more than $4.1 million in sales taxes in April, a 5.4 percent increase over what was collected for the same month a year ago. April reports reflect March sales. Sales, use and lodging tax collections […]
Phil Castle, The Business Times The unemployment rate continues to drop in Mesa County as employers enjoy more success in filling job openings. What’s typically a seasonal spike in the jobless rate in June could interrupt the trend. Overall, conditions improve, said Curtis Englehart, director of the Mesa County Workforce Center in Grand Junction. “I […]
Colorado continues to recover from the COVID-19 pandemic in terms of job growth and other economic indicators, according to the latest findings in a quarterly report. But challenges remain, among them rising inflation. “Like many Americans, Coloradans are experiencing high inflation and rising prices for goods and services. These are challenging times for working families […]
A measure of optimism among small business owners remains unchanged as concerns persist over inflation and labor shortages. The National Federation of Independent Business reported its Small Business Optimism Index held steady at 93.2 in April. The index has remained below its 48-year average reading of 98 for four straight months. “Small business owners are […]
A measure of consumer confidence has slipped on less optimistic assessments of business and labor conditions. The Conference Board reported its Consumer Confidence Index edged down three-tenths of a point to 107.3 in April. A component of the index tracking current conditions retreated even as a component tracking short-term expectations advanced. Lynn Franco, senior director […]
An index forecasting economic conditions in the United States continues to increase, signaling growth in the months ahead despite the war in Ukraine and other challenges. The Conference Board reported its Leading Economic Index rose three-tenths of a percent to 119.8 in March. The index rose 1.9 percent over the past six months. Separate measures […]