The world of community economics includes Charles Tiebout’s 1956 theory suggesting people “vote” on private products with their pocketbooks and vote on government services with their feet. If you do not like what you are getting from the government, move…
Morrison’s legendary Red Rocks Amphitheatre sold 505,312 tickets in 2007. That number soared to 1.3 million in 2021 and could top 1.5 million in 2022, according to Denver Arts & Venues. Over the last five years, out-of-staters bought 42 percent…
The cost of groceries has steadily climbed over the last year, with a new record increase of 13.5% set in August (Consumer Price Index). On the heels of a pandemic, that led to unprecedented demand for food services. The rising…
For some advisors, two negative quarters of Gross Domestic Product means we are in a recession. Other advisors are waiting for the National Bureau of Economic Research (NBER) to officially declare one. NBER defines a recession as “a significant decline…
It probably wouldn’t be breaking news if I informed our readers that the mainstream media missed something big. But you can’t always fault the press. Colorado’s daily news outlets, with shrinking staff and resources, competing in a 24/7 news cycle…
The success of a flourishing economy, community, and workforce is dependent upon child care that is both accessible and affordable. Yet the business model for providing child care services in Colorado has been strained for years, leading to an ongoing…
It takes a constant and coordinated effort to steady and direct the country’s economic future. And as the US remains a global leader in innovation, investments, and creativity, states like Colorado have proven fertile ground for national companies to invest,…
Homeowners thinking about adding freestanding ADUs (accessory dwelling units, a.k.a. in-law apartments, granny flats, or cottages) tend to focus on creating much-needed space without knocking down walls in the houses they’re living in, the addition of rental income, and other…
The last time I wrote about the bond market was five years ago when interest rates were about to become inverted. When this happens, it simply means you can get a higher interest rate on a shorter maturity bond than…
There is a dichotomy within my ancestral families. My mother’s side has ties to slave ownership while on my father’s side we find post-Civil War carpetbaggers. Contemplating these disparate realities, I see a common thread—human exploitation of one type or…
Amidst a 40-year high in inflation, a housing affordability crisis, and volatile gas prices, Colorado lawmakers are doubling down on their aggressive environmental policies. In support of HB19-1261, which included greenhouse gas emission reduction targets 26% by 2025, 50% by…
Inflation in our economy has reared its ugly head for the first time in over 40 years, at the rate of 7.04 percent for the 12 months ending in December. I hear everywhere from people that it is hitting the…
One of the memorable presidential political quips for me was candidate George H. W. Bush labeling Ronald Reagan’s supply side economic campaign as “Voodoo Economics” trying to develop economic policy based on magic. This was in 1980 as the U.S.…
This year, as rates rise, we may see another year of flat to negative returns. If we have another year of negative returns, it would be the first back-to-back years of negative returns in 50 years.
From the best places to eat and drink around the state, to articles about retirement, guides to changes in Colorado employment law and stimulus checks, our readers were interested in business, real estate, and the best of what Colorado has to offer.
The study considered seven metrics: five-year population change, average yearly GDP growth, five-year business establishment growth, five-year housing growth, August 2021 unemployment rate, one-year change in unemployment rate, and five-year change in household income.
Faster connectivity and real-time data flows will dominate the 21st century. The societal transformation will be radical, as major improvements in transportation and communications effectively reduce time and distance in the economy, thereby increasing the output of any one person on a given day.
By making the simple moves–taking losses, reducing bonds, and investing more in equities–you can look ahead knowing you are well prepared for whatever surprises 2022 may throw at us.
As enhanced unemployment benefits are gone while more than a million hospitality jobs remain unfilled across the country, the question now is, "what's the real story?"
If you’re one of the millions of Americans searching for a new place to work remote, consider a relocation to Grand Junction in Colorado’s Grand Valley. Here are five reasons why
Suddenly, the labor market, at least on the low end, has shifted from business-centric to worker-centric, and this dynamic is very likely to play out like that for some time to come. The market has spoken: Business is going to have to be kinder to those who show up.
SB21-261 removes the former limit on total capacity of roof-top solar. The limit, now gone, was 120% of the power consumed by occupants of that building. More important, the bill authorized a new concept called virtual net-metering to customers of Xcel Energy and Black Hills Energy. This will allow a company to do business in one location and own solar panels elsewhere.
Considering these challenges, how can businesses keep growing as demand increases and supply chain issues persist? Business will need to get creative. It’s time to reassess supply-chain design and ordering practices.
At the bottom of the recession, the community grappled with 11% unemployment, which resulted in high crime and poverty rates and significant loss of workforce-aged population. A decade later, Grand Junction is thriving despite a global pandemic. Here are 5 takeaways from Grand Junction’s turnaround that can be replicated in any community
