All Entries in the "Economy" Category
LIVESTOCK SLAUGHTER – OCTOBER 2023
UNITED STATES HIGHLIGHTS Commercial red meat production for the United States totaled 4.77 billion pounds in October, up slightly from the 4.76 billion pounds produced in October 2022. Beef production, at 2.34 billion pounds, was 3 percent below the previous year. Cattle slaughter totaled 2.83 million head, down 3 percent from October 2022. The […]
USDA Farm Labor Report
MOUNTAIN II REGION (COLORADO, NEVADA, UTAH) There were 18,000 workers hired directly by farms in the Mountain II Region (Colorado, Nevada, and Utah) during the reference week of October 8-14, 2023, according to the Agricultural Labor Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. Farm operators paid their […]
Attorney General’s Office Provides $3 Million to Food/Diaper to Meet Critical Need Statewide
Nov. 16, 2023 (DENVER) — Attorney General Phil Weiser announced today that the Colorado Department of Law will provide $3 million in funding to local food banks, food pantries, and diaper programs that Coloradans rely on for food and other basic necessities. Weiser made the announcement at We Don’t Waste, an organization that addresses […]
Colorado Employment Situation – October 2023
1,500 Nonfarm Payroll Jobs Added in October; Unemployment Rate Rises to 3.3 Percent Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate increased one-tenth of a percentage point in October to 3.3 percent compared to the September rate of 3.2 percent. The number of unemployed individuals grew by 2,400 […]
City of Lamar Sales Tax Revenue Report for September 2023 Collections
City Sales Tax revenue grew by 3.18% this past September for a gain of $13,369 over the previous year with 2022 collections at $420,008 and $433,378 for 2023. Use Tax collections were up 20.90% for a $5,957 increase and total sales were up 4.63% for an improvement of $20,741 with brought 2023 collections […]
CROP PRODUCTION – NOVEMBER 1, 2023
COLORADO HIGHLIGHTS Based on November 1 conditions, corn production in Colorado is forecast at 132.68 million bushels, according to the November 1 Agricultural Yield Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. This forecast is down 3 percent from the October 1 forecast but up 12 percent from […]
Otero Jr College is Joining the Colorado Partnership for Education and Rural Revitalization
Nov. 2, 2023 (DENVER) — Attorney General Phil Weiser today announced the expansion of the Colorado Partnership for Education and Rural Revitalization (COPERR) to include Otero College, marking another step forward in addressing rural housing challenges in southern Colorado. The college, located in La Junta, was awarded more than $400,000 in grant funds for its […]
From Colorado Ag Commissioner, Kate Greenberg
As we move into fall, I’ve been visiting with agricultural partners at home and abroad to continue advancing and promoting Colorado agriculture. Late last month, I joined our international markets team for a CDA-led mission to the United Kingdom. Also joining CDA on this mission were State Representative Karen McCormick, Chair of the House […]
Electric Car Use is Growing in Colorado
Colorado Electric Vehicle Ownership Soars Under Polis Administration, Now 17.1% of New Purchases, Colorado Fifth in the Country for EV Sales: One in Five Cars Sold in Colorado Are Electric DENVER – New data released by the Colorado Automobile Dealers Association shows Colorado is among the top states in the country when it comes to electric vehicle (EV) sales, […]
Lamar Prepares for New Arby’s
(Lamar, Colorado – October, 2023) The City of Lamar and LVP Food Service Concepts, an entity of LV Petroleum, have taken a significant step forward recently. LVP Food Service Concepts and their partners are officially bringing an Arby’s restaurant to the community. “With the signing of our agreement and the closing of the land […]
Council Work Session Covers City’s First Steps to a New Comprehensive Plan
Anne-Marie Crampton, City of Lamar Community Development Director, addressed the Lamar City Council in a work session this past Monday, October 9th accompanied by Josh Olhava, project lead from Ayers Associates, regarding the creation of a new comprehensive development plan for the city. A number of outreach discussions have been held in Lamar, seeking […]
2024 City of Lamar Budget Moves Forward
Following a public hearing by the Lamar City Council on the 2024 budget on October 9th, the budget received a first reading of the annual ordinance. It’s expected the budget will be approved at the meeting on Monday, October 23rd. There are 14 categories due for monetary appropriations from the city’s revenue for the new […]
City Council has 2024 Budget and Land Develop Interests on Meeting Agenda
Several financial concerns were addressed during the Lamar City Council’s October 9th meeting this past Monday. The council held a public hearing for the proposed City of Lamar 2024 budget to outline expected revenues to the city and how the funds will be spent through the new year. Following the hearing, the council […]
City of Lamar September Sales Tax Revenue Report
Sales Tax revenues for the City of Lamar made continued gains for September, based on the monthly report. City Sales Tax collections were up 3.73% for a gain of $13,966 over 2022 with current collections at $388,449. Use Tax collections gained 69.48% for an increase of $16,950 and Total Sales and Use Tax collections were […]
Colorado’s Economy Continues Streak of Strength Following Economic Forecast
DENVER – The Governor’s Office of State Planning and Budgeting (OSPB) released its quarterly economic forecast. Colorado’s economy continues to thrive, with the labor market remaining healthier than anticipated and consumer demand exceeding expected growth. Colorado’s unemployment rate remains low under the Polis administration. But the high cost of housing continues to […]
