All Entries in the "Economy" Category
LIVESTOCK SLAUGHTER – JULY 2023
UNITED STATES HIGHLIGHTS Commercial red meat production for the United States totaled 4.13 billion pounds in July, down 2 percent from the 4.23 billion pounds produced in July 2022. Beef production, at 2.11 billion pounds, was 6 percent below the previous year. Cattle slaughter totaled 2.60 million head, down 6 percent from July 2022. The […]
Colorado Employment Situation – July 2023
800 Nonfarm Payroll Jobs Added in July; Unemployment Rate Rises Slightly to 2.9 Percent Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate increased one-tenth of a percentage point in July to 2.9 percent compared to the June rate of 2.8 percent. The number of unemployed individuals grew […]
City of Lamar June 2023 Sales Tax Revenue Report
City of Lamar sales tax revenues continued to post increases through the summer with a 3.78% gain noted for city sales tax revenue for a difference of $15,771.09 over the previous time period. Use Tax collections were up at 39.39% for a gain of $13,733.68. Total sales and Use Tax collections improved by […]
Pair of Laws to Help Support Rural Colorado to Go into Effect
DENVER, CO – A pair of laws aimed at supporting rural Colorado went into effect on Monday, August 7. SB23-006, a bipartisan bill sponsored by Senator Dylan Roberts, D-Avon, and Rep. Barbara McLachlan, D-Durango, will foster economic development in rural communities by formally creating the Rural Opportunity Office (ROO) within the Office of Economic Development and International […]
CROP PRODUCTION – AUGUST 1, 2023 COLORADO HIGHLIGHTS
Based on August 1 conditions, corn production in Colorado is forecast at 130.00 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 up 10 percent from last year’s 118.58-million-bushel crop. The 1.00 million acres expected to be […]
Bennet Announces $79.3 Million for Colorado Projects in Senate Appropriations Bills
Denver — Today, Colorado U.S. Senator Michael Bennet announced that he secured nearly $74 million for 78 Colorado projects through the congressionally directed spending (CDS) process in the Fiscal Year 2024 (FY24) Senate appropriations bills. In total, this year’s Senate appropriations bills included $79.3 million in funding for projects across the state. These bills […]
The Wait is Over
KFC and Charlie’s Cheesesteak had its grand-opening ribbon cutting at TA-76 on North Main Street in Lamar this past week. A long-awaited event, fans of the Colonel and cheesesteak sandwiches, no longer have to wait for one of these tempting treats. Representatives from LVP/TA-76 were on hand as well as those from KFC, Chuckie’s […]
American Ranchers Support Group’s Efforts To Strengthen Cattle Industry in the Farm Bill
Valentine, Neb./Fort Pierre, S.D. – Two recent calf sale fundraisers hosted by auction markets in the Midwest raised a generous amount of proceeds for the organization. R-CALF USA member Brett Galbraith from Wood, South Dakota, donated a heifer calf that was auctioned off at Valentine Livestock Auction, in Valentine, Nebraska. In addition, longtime R-CALF USA […]
S.E. Rural Philanthropy Days Registration Open from July 24th to September 1st for September Conference in La Junta and Rocky Ford
La Junta, Colorado – Community Resource Center (CRC) has opened registration for the Southeast Rural Philanthropy Days conference (RPD) from September 12-14 in La Junta. This event is being organized by CRC and a Steering Committee of more than twenty local leaders. For over 30 years, RPD conferences have convened with the goal of […]
Council Moves Forward on City Comprehensive Plan
The Lamar City Council awarded a contract to Ayres Associates/Bohannan Huston, consultants who will complete a review of the City of Lamar’s Comprehensive Plan Update. The city received a $150,000 grant from the Department of Local Affairs to complete the update and the city is required an equal match. $400,000 had been budgeted […]
Redevelopment Authority Provides Funding for Two Projects
The Lamar Redevelopment Authority, meeting on July 24th, approved an agreement with Niel and Rinda Emick for façade and structural rehab improvement for their renovation project for the NorJune Apartments at 210 West Elm Street in Lamar. Renovations have been underway at the two-story building since the couple purchased it in 2022 with […]
Colorado Employment Situation – June 2023
4,700 Nonfarm Payroll Jobs Added in June; Unemployment Rate Flat at 2.8 Percent Household survey data: According to the survey of households, Colorado’s seasonally adjusted unemployment rate was unchanged from May to June at 2.8 percent. The number of unemployed individuals grew by 1,500 over the same time period to 91,600. Colorado’s unemployment […]
CO A.G Weiser Announces Walmart Customer’s Settlement
July 13, 2023 (DENVER) – Attorney General Phil Weiser announced today a settlement reached with Walmart over the company’s failure to ensure the price customers paid for its products matched the price listed on the shelf. This settlement is part of a partnership between Weiser and Attorney General Aaron Ford of Nevada. Under the […]
CROP PRODUCTION – JULY 1, 2023
COLORADO HIGHLIGHTS: Winter wheat production in Colorado, based on conditions as of July 1, 2023, is forecast at 68.40 million bushels, according to the July 1 Agricultural Yield Survey conducted by the Mountain Regional Field Office of the National Agricultural Statistics Service, USDA. This forecast is up 30 percent from the June 1 forecast and […]
City of Lamar Sales Tax Revenue Report
May Sales and Use Tax Collected from June 2023 City sales tax revenues were up 9.36% for this period for a gain of $32,810 with 2022 collections at $350,787 and $383,598 for 2023. Use tax collections were up 13.52% for a gain of $3,482 and Other Collections were off 118.57% for a drop of […]
