All Entries in the "Economy" Category
Colorado Employment Situation – August 2022
Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate increased one-tenth of a percentage point in August to 3.4 percent. The number of unemployed individuals rose by 4,600 over the same time period to 112,000. The national unemployment rate edged upward by two-tenths of a percentage point […]
Polis Administration Announces Increase in Minimum Wage
DENVER — Governor Polis and the Department of Labor and Employment (CDLE) Division of Labor Standards and Statistics (DLSS) has announced an increase to Colorado’s minimum wage, which is currently $12.56 per hour for 2022, and will increase to $13.65 per hour in 2023, an 8.68% increase. Annually adjusting the minimum wage for […]
City of Lamar Sales Tax Revenue Report, July 2022
City of Lamar sales tax revenue took a slight drop this past July, 2022 with city tax collected off 0.57% for a decrease of $2,090 compared to last year at this time. 2022 collections were at $365,172. Use tax collections were also off by 20.77% for a drop of $9,049, putting 2022’s figures at […]
Colorado Crop Progress/Condition Report Week Ending 9-11-2022
AGRICULTURAL SUMMARY: Record breaking temperatures, followed by a stark cool down affected crop conditions across the State last week, according to the Mountain Region Field Office of the National Agricultural Statistics Service, USDA. According to the U.S. Drought Monitor, 46 percent of the State is under drought conditions, unchanged from the previous week. Seventeen percent […]
Business Growth in Prowers County Noted
Two recent ribbon-cutting events in Prowers County on August 26th noted business growth with the expansion of the Rocky Ford Pipe Yard into the county from its Rocky Ford headquarters where it has been in operation for fifty years. Mark Carrigan said the pipe yard is an irrigation pipe and sprinkler system parts supplier […]
USDA Announces $400 Million in Funding Available to Create USDA Regional Food Business Centers
WASHINGTON, Sept. 7, 2022 – Agriculture Secretary Tom Vilsack announced today the availability of approximately $400 million to provide essential local and regional food systems coordination, technical assistance, and capacity building services through USDA’s new Regional Food Business Centers. USDA will fund at least six regional centers, to include a national tribal center and […]
Colorado FFA Foundation Seeks Nominees for 2023 Farm Credit Colorado Agriculture Hall of Fame
Greeley, Colo. – Colorado Future Farmers of America (FFA) Foundation is seeking a wide range of nominations to the annual Farm Credit Colorado Agriculture Hall of Fame induction. Individuals are encouraged to nominate anyone who is making, or has made an extraordinary impact on Colorado‘s agriculture industry and its allied businesses, regardless of […]
The Ports-to-Plains Alliance Announces New President and CEO Lauren Garduno
(LUBBOCK) – The Ports-to-Plains Alliance is pleased to announce the addition of Lauren Garduno as President and Chief Executive Officer effective September 1, 2022. As a supporter of The Alliance’s mission since its inception, Garduno is looking forward to getting involved with the communities and partners along the entire nine-state corridor. “I am […]
Attorney General Phil Weiser says 7,000 Colorado Student Loan Borrowers to Get Checks from Navient Settlement
Nearly 7,000 Coloradans will soon receive checks in the mail from a settlement earlier this year that the Colorado Attorney General’s Office reached with Navient, a student loan servicer that used widespread unfair, deceptive, and predatory loan servicing practices. The nationwide investigation by a bipartisan coalition of 39 attorneys general uncovered evidence that […]
Colorado Employment Situation – July 2022
Unemployment Rate Falls to 3.3% in July; 2,200 Nonfarm Payroll Jobs Added Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate fell one-tenth of a percentage point in July to 3.3 percent. This marks the lowest rate since February 2020, when it was 2.8 percent. The national unemployment rate […]
VA awards $431 Million in Grants to Help at-risk Veterans and their Families
WASHINGTON —The Department of Veterans Affairs awarded $431 million in grants to 258 non-profit organizations across the nation to help homeless and at-risk Veterans and their families. The funds, which are being awarded through VA’s Supportive Services for Veteran Families Program, will be available for use on Oct. 1. SSVF grants enable community organizations […]
Colorado Crop Progress/Condition Report, Week Ending 8-14-2022
AGRICULTURAL SUMMARY: High temperatures and limited moisture continued to plague the state last week, according to the Mountain Region Field Office of the National Agricultural Statistics Service, USDA. According to the U.S. Drought Monitor, 58 percent of the State is under drought conditions, down 4 percentage points from the previous week. Twenty-seven […]
CROP PRODUCTION – AUGUST 2022
COLORADO HIGHLIGHTS: Based on August 1 conditions, corn production in Colorado is forecast at 142.78 million bushels, according to the August 1 Agricultural Yield Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. This forecast is down 4 percent from last year’s 148.35 million bushels. The 1.21 million acres […]
Council Gains More Background on Tiny Home Specs
Mark Westoff, co- founder of Sangre de Cristo Tiny Homes, met with the Lamar City Council for a work session Monday, August 8th, to discuss regulations concerning establishing tiny homes ordinances in the city. The council has discussed some ramifications of having the small-sized homes, approximately 400 square feet, within the city limits during […]
City Sales Tax Report Posts Another Monthly Gain
The June, 2022 Lamar Tax Revenue collection report shows a 10.10% increase over the same time last year, with a gain of $38,241, putting total collections for the month at $416,781 compared to $378,540 in 2021. Use Tax collections were down 14.36% for a decrease of $5,846. Total Sales and Use Tax collections […]
