All Entries in the "Economy" Category
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 […]
Golden Plains Insurance Celebrates Their 10 Year Anniversary
This August marks the 10 year anniversary of Golden Plains Insurance. Golden Plains Insurance provides coverage for a variety of different areas of your life, from personal, home, business, and agricultural insurance policies. Over the past 10 years, Golden Plains Insurance has been successful at evolving and changing to stay ahead of other staffing […]
FARM PRODUCTION EXPENDITURES-2021 UNITED STATES HIGHLIGHTS
Farm production expenditures in the United States are estimated at $392.9 billion for 2021, up from $366.2 billion in 2020. The 2021 total farm production expenditures are up 7.3 percent compared with 2020 total farm production expenditures. For the 17-line items, fifteen showed an increase from previous year, while two showed a decrease. The four largest […]
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 1,060,000 head as of July 1, 2022. The latest inventory was 3 percent below the previous month’s inventory, but unchanged from the July 1, 2021 inventory. The […]
PEP Explores Video Promotion Grant
Prowers Economic Prosperity board members heard a presentation on available grants and programs from Greg Thomason, a senior program manager for OEDIT, State Office of Economic Development and International Trade. Thomason serves 20 counties in southeast Colorado as a Rural Opportunity Representative. Thomason outlined several grant programs, one of interest to PEP from […]
City of Lamar May 2022 Sales and Use Tax Revenue Report
There was a slight fall-off and a slow gain indicated in the May, 2022 City of Lamar sales tax revenue report issued this past Monday, July 11th. City sale tax was down 2.63% for a loss of $9,471 in revenue compared to the same month last year. Collections for 2021 was $360,259 and […]
Lamar City Council Extends Arby’s Sales Agreement
An Arby’s fast-food restaurant is still a ‘go’ for Lamar. The city council authorized Mayor Kirk Crespin to sign an amendment to the purchase and sales agreement for the former WHO property at 1002 North Main Street. The amendment with RB Colorado LLC, extends the review period to August 12 and includes a […]
Colorado Crop Progress/Condition Report, July 10, 2022
AGRICULTURAL SUMMARY: Winter wheat harvest advanced in more counties across the State last week, according to the Mountain Region Field Office of the National Agricultural Statistics Service, USDA. Statewide, the winter wheat crop was rated 16 percent good to excellent, compared to 54 percent good to excellent last year and 50 percent on average. Fifty-three […]
Anderson Takes the Reins as Colorado Cattlemen’s Association’s Next President
ARVADA, Colo. – Philip Anderson, rancher from Walden, Colo., stepped into his role as the 117th president of Colorado Cattlemen’s Association (CCA) at CCA’s 2022 Annual Convention hosted June 13-15th in Colorado Springs, Colo. Anderson has served on CCA’s Board of Directors for over 10 years and has been actively involved in local, state, […]
Colorado Acreage and Grail Report – JUNE 2022
COLORADO HIGHLIGHTS Colorado principal crop planted acreage, which includes acres planted to all major crops and those expected to be cut for all hay, is down 5 percent from 2021 to 5.95 million acres, according to the June 1 Agricultural Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, […]
