RSSAll Entries in the "Economy" Category

Riverside Communications, LLC signs agreement to purchase KLMR (AM) and KLMR-FM Radio

Riverside Communications, LLC signs agreement to purchase KLMR (AM) and KLMR-FM Radio

KLMR radio, in Lamar, Colorado, originally signed on the air as an AM radio station in December of 1948.  Nearly 28 years later, KLMR-FM was added and signed on the air in November of 1976.  Both stations were destroyed by a microburst in July of 2022 and 25/7 Media, Inc. subsequently elected to shut the […]

Bright Side Nutrition Opens

Bright Side Nutrition Opens

Tatelyn Lasley, owner of Bright Side Nutrition, was raised in Springfield, CO. While going to college on a track and field scholarship in McPherson, KS, she earned a degree in physical education and health. During her senior year of college, she began working at a nutrition club just like Bright Side and fell in love […]

CATTLE ON FEED

CATTLE ON FEED

    COLORADO: The number of cattle and calves on feed for the slaughter market in Colorado feedlots with a capacity of 1,000 head or larger was estimated at 1,040,000 head as of December 1, 2022. The latest inventory was 3 percent below last month’s inventory and 9 percent below the December 1, 2021 inventory. […]

Colorado Work-Related Fatalities Increased in 2021

Colorado Work-Related Fatalities Increased in 2021

  (DENVER) – The Census of Fatal Occupational Injuries (CFOI) program conducted by the Colorado Department of Labor and Employment (CDLE)’s Office of Labor Market Information (LMI), in cooperation with the U.S. Department of Labor and the Bureau of Labor Statistics (BLS), revealed that Colorado had 96 work-related fatalities in 2021. Nationally, a total of […]

Lamar Chamber of Commerce, Holiday Passport Winners

Lamar Chamber of Commerce, Holiday Passport Winners

    The Lamar Chamber of Commerce completed with holiday shopping promotion, geared to steer local residents to local merchants.  The more a contestant shopped locally at participating merchants, the more often they got their Shop Small Promotion Passport stamped and had it entered for the grand drawing for Chamber Luv Bucks. The drawing for […]

LCC Begins Training Program for IT Technicians

LCC Begins Training Program for IT Technicians

A new information technology program is under development at Lamar Community College.  Mittie Helm, Business Faculty and Kendra King, Department Head of the Cosmetology Department at Lamar Community College, briefed the Prowers Economic Prosperity board members on ways the new courses will help students find jobs in information technology. “The grant-funded program will develop in […]

2022 Review from CDA Commissioner, Kate Greenberg

2022 Review from CDA Commissioner, Kate Greenberg

  As the year comes to a close, we like to reflect on all we’ve accomplished over the past twelve months. We’ve had many fantastic opportunities to connect with Colorado producers and see projects of all varieties and sizes take shape. Our staff worked hard to ensure state and federal funding is supporting Colorado agriculture […]

Colorado Employment Situation – November 2022

  4,300 Nonfarm Payroll Jobs Added in November; Unemployment Rate Declines to 3.5%   Since May 2020, Colorado’s private sector has grown by 448,500 jobs, compared to declines of 358,800 in early 2020. That translates to a job recovery rate of 125.0 percent and outpaces the U.S. rate of 107.2 percent. Household survey data: According […]

Lamar Redevelopment Authority Approves Extension

Lamar Redevelopment Authority Approves Extension

    A request for an application extension to March 31, 2023 by L&C LLC was approved by the Lamar Redevelopment Authority during its December 12th meeting.  Dustin Langston and Jacob Chamberlain applied for the extension for construction upgrades to their property at 120 South Main Street.  The owners intend to offer it as a […]

Arkansas River Power Authority Business Operations Report – December 2022

Arkansas River Power Authority Business Operations Report – December 2022

    ARPA Board Adopts 2023 Budget: At its December meeting the ARPA Board of Directors approved its operating budget for 2023 in the amount of $25,487,853. Rates will remain unchanged and stable for the 2023 budget which includes: Revenues of approximately $31 million Power supply expense of approximately $15 million Transmission expense of approximately […]

City Moves Forward on Recreation Grants

City Moves Forward on Recreation Grants

    Proposals to apply for two different grants to create new outdoor recreational outlets for Lamar and area residents were approved by the Lamar City Council during the December 12th meeting.  A grant request for $17,600 for an archery range north of North Gateway Park was approved.  The Shooting Range Development Grant had been […]

City of Lamar Sales Tax Revenue Report:  October 2022

City of Lamar Sales Tax Revenue Report:  October 2022

    City of Lamar sales tax revenue climbed 8.75% or $28,871 for this past October, compared to 2021 figures.  Collections for this October were $358,797 compared to $329,925.  Use Tax collections were up 45.53% for a gain of $12,496 and Total Sales and Use Tax collections increased by 11.34% for a gain of $40,685 […]

Prowers Economic Prosperity awarded Opportunity Zone Video Spotlight Grant though OEDIT

Prowers Economic Prosperity awarded Opportunity Zone Video Spotlight Grant though OEDIT

  The grant was awarded to support the production of a video that features the community character and investment opportunities in Prowers County. This application was selected due to its potential for impact, alignment with local and state economic development goals, and broad community support. Cheryl Sanchez, Executive Director, is pleased to announce the Opportunity […]

CCAC to Host District Meetings

CCAC to Host District Meetings

  The CCAC will be hosting district meetings this winter. At these meetings, CCAC staff will be discussing CCAC updates and taking feedback on the research program. We will also have guests from the U.S. Grains Council and USMEF to talk about issues impacting the corn industry and how the checkoff investment is utilized. Attendees […]

Colorado Employment Situation – October 2022

    17,700 Nonfarm Payroll Jobs Added in October; Unemployment Rate Rises to 3.6%   Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate increased two-tenths of a percentage point in October to 3.6 percent. The number of unemployed individuals rose by 6,800 over the same time period to 116,400. […]