banner ad

RSSAll Entries in the "Economy" Category

Colorado Employment Situation - June, 2019

Colorado Employment Situation – June, 2019

    Employers in Colorado added 8,100 nonfarm payroll jobs from May to June for a total of 2,779,400 jobs, according to the survey of business establishments. Private sector payroll jobs increased 6,500 and government increased 1,600. May estimates were revised up to 2,771,300, and the over the month change from April to May was […]

Changes for PEP with Hosick Arrival

Changes for PEP with Hosick Arrival

    Tara Hosick, Consulting Executive Director for Prowers Economic Prosperity (PEP), conducted her first board meeting this past Thursday, July 11th at Lamar Community College.  Hosick, a former Lamar native, was hired by the organization last month following the departure of former executive director, Eric Depperschmidt earlier this year. Aaron Leiker tended his letter […]

2019 Colorado Wheat Harvest Update - July 9, 2019

2019 Colorado Wheat Harvest Update – July 9, 2019

  Harvest in Colorado saw some progress over the July 4th holiday and into the weekend. According to the July 7th USDA-NASS Colorado Crop Progress Report, Colorado is 10% harvested. The overall crop condition is 84% good to excellent, 15% fair, and 4% poor to very poor.  Harvest is still in full force in southeastern […]

Holly Trustees to Meet July 17th

Holly Trustees to Meet July 17th

    The Holly Trustees voted to hold their regular monthly meeting on Wednesday, July 17th as there were too few members to form a quorum this past Wednesday, July 10th. Agenda items for consideration on Wednesday included the deadline for letters of interest for the Mayor’s seat. The Trustees set 60 days as a […]

Lamar City Sales Tax Revenue Inches Down

Lamar City Sales Tax Revenue Inches Down

    The City of Lamar Sales and Use Taxes collected for May, 2019 indicated a downward turn for revenues for the city for that month. City Sales Tax was off 2.5% for a drop of $7,455 comparing $297,846 in 2018 to the current figures of $290,391.  Total Sales and Use Tax collections were down […]

Serve Colorado Accepting Nominations for 2019 Governor’s Service Awards

Serve Colorado Accepting Nominations for 2019 Governor’s Service Awards

      DENVER — Tuesday, July 2, 2019 — Serve Colorado is now accepting nominations for the 2019 Governor’s Service Awards. Nominations will be accepted now through Sunday, July 14, 2019 at 11:59 pm MT.  These annual awards are presented in recognition and appreciation to individuals and community and civic leaders for their outstanding […]

Colorado Receives $12 million award to Expand Apprenticeships in Health Care

Colorado Receives $12 million award to Expand Apprenticeships in Health Care

    DENVER — Gov. Jared Polis announced that Colorado will receive $12 million from the U.S. Department of Labor (Department) to scale 5,000 health care apprenticeships in Colorado’s higher education system. The state has also secured $4.2 million in matching funds from health care partners across the state. Colorado’s program will seek to enroll […]

United States Hog Inventory Up 4 Percent

United States Hog Inventory Up 4 Percent

  WASHINGTON, June 27, 2019 – As of June 1, there were 75.5 million hogs and pigs on U.S. farms, up 4 percent from June 2018, and 1 percent from March 1, 2019, according to the Quarterly Hogs and Pigs report published today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). Other […]

City Pays off Water Bond

City Pays off Water Bond

    Kristin McCrea, City Treasurer explained to the council, the city’s Series 2009 Water Activity Revenue Refunding Bonds were paid in full on June 17, 2019 and the balance is now down to $0.00 and there are no further obligations for the District to pay interest and principal on the bonds. The Water Bond […]

Lamar Redevelopment Authority Helps Fund Development of Former K-Mart

Lamar Redevelopment Authority Helps Fund Development of Former K-Mart

    Angie Cue, Lamar’s Community Development Director, outlined a funding proposal submitted by Lamar Main Street LLC, aka Gateway Safety Products, which has been manufacturing road flares in Lamar for the past several years. The company plans to expand its operation from its initial manufacturing site, the former Greenstreet Distributing Company on West Poplar […]

Colorado Commissioner of Agriculture Takes Southeast State Tour

Colorado Commissioner of Agriculture Takes Southeast State Tour

    Lamar Community College was the last stop of the evening for Kate Greenberg, Colorado Commissioner of Agriculture, this past Thursday, June 20th.  Greenberg, who has been Commissioner since the start of the year, held a meet and greet with area ag producers, ranchers and the public in general at the college’s library, capping […]

New Program Supports Agricultural Intern Opportunities

New Program Supports Agricultural Intern Opportunities

    BROOMFIELD, Colo. – The Colorado Department of Agriculture (CDA) introduces the new Agricultural Workforce Development Program, which provides incentives to agricultural businesses, including farms and ranches, to hire interns. Qualified businesses may be reimbursed up to 50% of the actual cost of hiring an intern, not to exceed $5,000 per internship. “Investing in […]

OEDIT Launches Colorado Mutual Prosperity Program to Expand Workforce Dispersion

OEDIT Launches Colorado Mutual Prosperity Program to Expand Workforce Dispersion

Participating Rural Counties Eligible for Program Awareness Grants   DENVER – Colorado’s Office of Economic Development and International Trade (OEDIT) unveiled a new economic development initiative aimed at encouraging economic prosperity throughout rural Colorado. Colorado’s Mutual Prosperity (COMP) Program incents new jobs that can be performed from eligible rural areas of the state. The program […]

Colorado Employment Situation in May 2019

Colorado Employment Situation in May 2019

    Employers in Colorado added 2,200 nonfarm payroll jobs from April to May for a total of 2,766,500 jobs, according to the survey of business establishments. Private sector payroll jobs increased 900 and government increased 1,300. April estimates were revised down to 2,764,300, and the over the month change from March to April was […]

June forecast shows continued growth for Colorado economy

June forecast shows continued growth for Colorado economy

    DENVER — The Office of State Planning and Budgeting (OSPB) released the June forecast showing stronger than expected revenue growth. Strong wage growth is driving continued consumer spending, sustaining our economic expansion. However, trade conflicts pose a risk to Colorado’s economy, as recently proposed escalations could result in higher prices for domestic consumers and […]