All Entries in the "Economy" Category
Shop Safe, Shop Local, Shop Lamar Promotion Outlined
“This isn’t about compliance, it’s about participation,” is the way Lamar Mayor Kirk Crespin termed a new initiative to help keep COVID-19 numbers down in Lamar. The county is now at Level Red restrictions based on the increasing pandemic numbers registered by the Colorado Department of Public Health and Environment. That translates to a […]
Council and Cobblestone Sign Construction Contract
The City of Lamar and Cobblestone Development, LLC are moving forward with plans for a franchise motel to be constructed over the next two years. The economic development incentive agreement has been approved and the council authorized Mayor Kirk Crespin to sign during their meeting on November 23rd. The motel project would be located […]
Colorado Employment Situation – October 2020
According to the survey of households, Colorado’s seasonally adjusted unemployment rate was unchanged in October at 6.4 percent. The national unemployment rate declined one percentage point from September to 6.9 percent. Other highlights from the household survey: Colorado’s labor force grew by 17,600 in October to 3,138,700. The labor force participation rate rose […]
What You Need to Know About Luv Bucks (Corrected information)
The Lamar Chamber of Commerce has prepared a seasonal shopping promotion that involves the use of Luv Bucks. More details on this promotion will be made available shortly, but in the meantime, here are some facts about their use and how Luv Bucks will help our local economy when you shop in Lamar. […]
Summary of ARPA Business Operations – November 2020
ARPA Board Adopts New Wholesale Rate Tariff- Energy Rate Reduced 3.57%: The ARPA Board of Directors adopted a new rate tariff that includes an energy rate reduction of 3.57% at its October meeting. The reduction in ARPA’s energy rate is a result of ARPA’s ability to retire its 2010 Bonds of $14.8 million early next […]
Governor Polis Releases State Budget Proposal
DENVER – Governor Jared Polis released his budget proposal for FY 2021-22, concurrently submitting his budget proposal to the Joint Budget Committee (JBC) of the General Assembly. Gov. Polis budget makes great strides in confronting Colorado’s most immediate challenges while making critical investments for the future. “2020 has been a challenging year […]
Colorado Crop Progress and Condition Report, Week Ending Nov. 1, 2020
AGRICULTURAL SUMMARY: Moisture early in the week halted harvest in areas, according to the Mountain Region Field Office of the National Agricultural Statistics Service, USDA. Conditions were drier the rest of the week which allowed good harvest progress to be made. In northeastern and east central counties, harvest of sugarbeets neared completion and sunflower harvest […]
CO Ag Commissioner Says Polis Budget will Assist Rural Needs
Rural Colorado will benefit in a number of significant areas from the Governor’s proposed Colorado State Budget as it drives economic recovery and stimulus. Initiatives in the budget will protect funding for high priority programs and services in rural communities, and support the implementation of a cohesive economic development plan for rural Colorado. […]
Polis Issuing $375 Unemployment Check to Qualifying Colorado Residents
Governor’s Executive Order Directs State Labor Department to Issue One-Time Stimulus Payments to Eligible UI Claimants. Many Unemployed Coloradans to Receive $375 Payment Per Executive Order (DENVER) – Today the Colorado Department of Labor and Employment announced it would soon begin making one-time stimulus payments of $375 to Coloradans facing economic hardships related to the […]
$1 Million in CARES Act Funds Available to Colorado Farmers, Ranchers and Processors
The Colorado Department of Agriculture is making about $1 million in grant funding available for Colorado farmers, ranchers, food hubs and processors to support them in adjusting to the impact of the COVID-19 pandemic on the food supply chain. Colorado agricultural producers are eligible for grant awards up to $12,500. Farmers markets, […]
Council Approves Infrastructure Funding, Mayor Urges COVID Precautions
The Lamar City Council had only a few items on its brief agenda this past Monday evening, October 26th. Before business began, Mayor Kirk Crespin noted the recent, dramatic climb in pandemic cases in Prowers County, urging residents to take the necessary steps to maintain covid-related safety measures. “In the last six days, we’ve […]
U.S. Livestock Slaughter-September 2020
UNITED STATES HIGHLIGHTS: Commercial red meat production for the United States totaled 4.71 billion pounds in September, up 6 percent from the 4.44 billion pounds produced in September 2019. Beef production, at 2.35 billion pounds, was 8 percent above the previous year. Cattle slaughter totaled 2.81 million head, up 5 percent from September […]
Prowers County to Launch COVID-19 Business Relief Grant Program
Beginning today, Prowers County is offering grants to assist small businesses in Prowers County that have been adversely affected by COVID-19. The grants will be paid from the County’s available allocation of federal relief funds under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Grants are available to assist with payroll, capital, equipment, […]
Colorado Employment Situation – September 2020
13,400 Nonfarm Payroll Jobs Added in September; Unemployment Rate Falls to 6.4% Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate decreased to 6.4 percent in September from 6.7 percent in August. During the same period, the national unemployment rate declined half of a percentage point to 7.9 […]
Colorado Crop Progress and Condition Report, Week Ending October 18, 2020
AGRICULTURAL SUMMARY: Harvest continued ahead of average for most crops last week, according to the Mountain Region Field Office of the National Agricultural Statistics Service, USDA. Conditions remained very dry. According to the latest U.S. Drought Monitor report, the entire state was experiencing moderate to exceptional drought conditions. Over 59 percent of the […]
