Economy/Politics

What to expect in the franchise sector

With employment on the rise, many franchise systems will hire employees to meet the pent-up demand from consumers who are ready to venture out to their favorite restaurants and retail venues again despite stricter mandates. Here are two predictions of trends in the franchise industry that will continue through 2021 and beyond.

Steel deal showcases Pueblo’s solar prowess

The mill will produce the 200-meter ribbons of rail preferred by railroads. That decision wasn’t a given. Other states, especially those with abundant low-priced hydroelectricity, made a hard run. How Pueblo won says much about the evolving nature of the economy of Pueblo and that of Colorado. Prominent is the solar farm, the largest east of the Rocky Mountains when the deal was announced. It will provide about 90% of the electricity for the mill.

Colorado’s low residential property taxes – c’est la vie

Both the Colorado Senate and House voted overwhelmingly in favor of placing Gallagher in front of voters. Democrats are concerned about likely declines in school funding, and Republicans are concerned about decreased funding for local governments, especially fire and hospital districts in rural areas. Will voters respond like their elected representatives given changing Gallagher will likely lead to residential property taxes trending upwards with future home price appreciation?