n
The Colorado economy still shows resilience half way through 2024, according to the results of a midyear review.
n Educational effort
A ribbon-cutting ceremony celebrates the completion of construction on the new Grand Junction High School.
2 4 5
The Grand Junction Economic Partnership is among the recipients of grants intended to grow semiconductor industries.
n More mussels
Entrepreneurial dream comes true for owner of downtown boutique. See page 2
Sadye Saad is the new owner of Pollux Clothing in Grand Junction. The business serves as what Saad says is a one-stop shop selling styles for all generations.
The Colorado River and Highline Canal are deemed “positive” for zebra mussels following additional sampling.
n July jump
A year-over-year increase in real estates sales in July bodes well for the Mesa County market, an executive says.
n Lawful effects
While some measures only apply to specific industries, other newly enacted laws affect every employer in Colorado.
Times photo by Phil Castle
The Colorado economy should continue to grow through 2024, but at what likely will be a slower pace, according to the latest results of a midyear business review.
“Based on both the quantitative and qualitative information we have received, we are optimistic of a continued, but slower, growth path for Colorado,” said Richard Wobbekind, senior economist and faculty director of the business research division of the Leeds School of Business at the University of Colorado at Boulder.
Brian Lewandowski, executive director of the business research division, agreed. “While the economy looks poised for slower growth in 2024, the state is on a continued growth trajectory for the year.”
The division prepares an annual business and economic forecast for Colorado. The leaders of 14 committees involved in the forecast met in June to update the report.
Pollux Clothing Co. is located at 321 Main St. in downtown Grand Junction. For more information, call (970) 242-8050 or visit https://polluxstyle.com. Business review: Growth expected to continue in 2024, but at slowing pace
Heading into 2024, the report forecast employment growth of 41,900 nonfarm payroll jobs. The revised report increased that projection to 49,600 jobs with the biggest gains in the natural resources and mining, government and education and health services sectors. Declines were predicted for the construction and information sectors as well as the trade, transportation and utilities sector.
As of June, the latest month for which estimates are available, nonfarm payrolls increased 40,900 over the past year in Colorado, a gain of 1.4 percent. The statewide seasonally adjusted unemployment rate stood at 3.8 percent.
In Mesa County, nonfarm payrolls edged down 103 over the past year to 72,933.
Gross domestic product, the broad measure of goods and services produced in the state, totaled $539 billion in Colorado in the first quarter of 2024. Adjusting for inflation, GDP increased at annual rate of 2.3 percent for the quarter. and 3.3 percent year over year.
See ECONOMY page 12
But
welcomes customers to a home away from home not unlike a certain fictional bar in a popular television series. “It’s all about connections,” Saad says. “When they walk in the door, we know them by name.”
Saad says that was the case all the years she shopped at Pollux Clothing Co. She stresses that same commitment to customer service as the new owner of the downtown Grand Junction landmark.
Here’s something else that hasn’t changed, she says. “It’s my happy place. It’s a bright, happy place.”
Saad purchased Pollux in June. The transaction was a dream come true for someone raised in an entrepreneurial family, she says. “I’ve always wanted to be an entrepreneur and own my own business ... . I think it’s in my DNA.”
In addition, she believes the skills she honed over the course of a 20-year career in marketing, public relations and events management will serve her well in her latest role. That includes assembling a team, developing culture and connecting with the community.
Saad grew up in Grand Junction and attended Grand Junction High School. She studied at what was at the time Mesa State College before going to the University of Northern Colorado in Greeley. See STYLE page 14
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A celebration featuring a marching band, cheerleaders, an assortment of speakers and a bright orange ribbon cut in two marked the opening of the new Grand Junction High School and what officials at the event hailed as the collaboration that made possible it’s construction.
“This new school is a testament to collaboration,” said Brian Hill, superintendent of Mesa County School District 51.
The thee-story, 250,000-square-foot, school was completed on time and under the $145 million budget for the project, Hill said.
The new high school houses instructional programs for arts and humanities; business and entrepreneurship; engineering, technology and natural resources; and health sciences and human services. The school also includes a 1,500-seat performing arts center.
Moreover, the high school is one of the most energy efficient in the country, Hill said.
More than a building, though, Hill said the building constitutes an investment in public education.
Voters approved a 2021 ballot measure
allowing the school district to increase its debt $115 million to finance construction of the school. The project also was funded by $10 million from the Building Excellent Schools Today state grant program, Hill said.
Andrea Haitz, president of the Mesa County School Ditrict 51 Board of Education, said she was grateful for those who campaigned for passage of the bond measure and the voters who approved it.
“Thank you all so much.”
Robert Bray, chief executive officer
of Bray & Co. Real Estate based in Grand Junction and one of four generations of his family to attend Grand Junction High School, said the design and construction of the new school reflects its purpose. “It’s all about the students.”
Dermot Lynch — president of the senior class at Grand Junction High School, the first class that will graduate from the new school — said students will continue a tradition of pride at the school.
Applications will be accepted through Sept. 30 for grants offered by the Horizon Sunrise Rotary Club in Grand Junction. Grants range from $500 to $2,500 and support needs in Mesa County. The club supports efforts related to children’s education and literacy, youth leadership and development and alleviating hunger. However, the club welcomes applications for funding for other efforts.
Grant applications and guidelines are available from the website at www.gjrotary.com.
Chartered in 1999, the Horizon Sunrise Rotary Club raises funds to support, local, state and international work and participates in service projects. The club meets from 7:30 to 8:30 a.m. Thursdays at the Redlands Community Center. F
The Grand Junction Economic Partnership is among the first recipients of grants intended to help communities start and grow semiconductor and advanced industries.
GJEP — which represents in part Grand Junction and Mesa County — received $50,000 through the Colorado CHIPS Community Support Program. The grant will fund a market study to identify opportunities for development in the semiconductor and advance industries sectors.
The Colorado CHIPS Community Support Program is intended to foster the expansion of the existing semiconductor and advanced industries while supporting their growth in new and emerging markets, including rural development.
The program is among several launched by the Gov. Jared Polis and his administration to grow the semiconductor industry, including CHIPS refundable tax credits and CHIPS zones.
The Semiconductor Industry Association ranks Colorado among the top 10 states with the resources and business ecosystem to support a strong semiconductor industry. Federal funding opportunities through legislation like the CHIPS and Science Act are expected to further accelerate the growth of these industries across the nation.
“Colorado is a leader in the advanced industries, including the semiconductor industry, and we are positioning Colorado to capture unprecedented federal funding opportunities,” said Eve Lieberman, executive director of the Colorado Office of Economic Development and International Trade (OEDIT). “The grants announced today support our work to build a Colorado for all as we remain committed to helping communities across the state diversify their economies and benefit from the good-paying jobs these industries provide.”
Michelle Hadwiger, director of the OEDIT global business development division, said Colorado is ahead of the curve in its effort to grow the semiconductor industry. “The global business development team identified the opportunity to leverage federal funding early on and set aside state funds to unlock CHIPS and Science Act support for Colorado companies. This grant continues our work to help semiconductor companies thrive in our state and support rural communities as they explore ways to grow their advanced industries.”
The Southern Colorado Economic Development District — which includes Baca, Bent, Chaffee, Crowley, Custer, Huerfano, Kiowa, Otero and Prowers counties — also received a $50,000 market study grant. Upstate Colorado Economic Development, which includes Larimer and Weld counties, received a $41,415 market study grant.
The Longmont Economic Development Partnership and City of Fort Collins each received $25,000 marketing grants to increase awareness of Colorado’s strengths in the semiconductor and advanced industries.
The second award cycle for CHIPS Community Support grants is open through Sept. 30. Applicants may apply for market study, marketing or implementation grants.
The Highline Government Canal and Colorado River were declared positive for zebra mussels after additional sampling detected mussel veligers.
One additional zebra mussel veliger was discovered and confirmed in the Government Highline Canal. Two additional veligers were discovered and confirmed in the Colorado River at two separate locations between De Beque and Grand Junction. There have been no veligers found upstream of the Beavertail Mountain Tunnel in De Beque Canyon nor have any adult mussels been found in the canal or river. A veliger is the free-floating larval stage of the mussel.
“These results will help guide us on the next steps as we continue working closely with our partners to work on a plan to protect our natural resources and infrastructure crucial to the Grand Valley, including our goal of locating the source,” said Jeff Davis director of Colorado Parks and Wildlife (CPW).
Zebra mussels pose ecological effects, hurting native fish populations due to their filter-feeding strategies that strip essential prey items, such as plankton, from the water. Zebra mussels also pose a risk to infrastructure that pulls water from the Colorado River. Female zebra mussels can produce up to 1 million eggs in a spawning season. As they mature, mussels bond to surfaces with byssal threads, making them difficult to remove. This rapid reproduction coupled with their attachment by byssal threads can lead to clogged water infrastructures and long-term maintenance issues.
CPW Aquatic Nuisance Species (ANS) and Northwest Region aquatics staff, along with the U.S. Fish and Wildlife Upper Colorado Native Fish Recovery Program and U.S. Bureau of Reclamation will continue sampling in the Colorado River and Grand Valley canal systems to attempt to locate the source of the zebra mussel veligers.
In addition to sampling, CPW will continues increased education efforts on the Colorado River, including voluntary watercraft inspections. CPW encourages anyone boating, floating, paddling or fishing in the Colorado River to clean, drain and dry their vessels and equipment, including motorized boats, rafts, paddle boards, kayaks and fishing gear after exiting the river.
CPW is evaluating options for the management of Highline Lake. The state agency drained Highline Lake west of Grand Junction as part of additional efforts to eradicate an infestation of zebra mussels there.
A federal agency has launched a pilot program to increase access to working capital for small businesses.
The U.S. Small Business Administration announced that lenders that participate in the SBA 7(a) loan guaranty program may accept applications for the 7(a) working capital pilot (WCP) program.
“The SBA has expanded access to capital and increased small dollar lending over the past three and a half years. Now, we are strengthening loan offerings through this new 7(a) working capital pilot program to provide growthoriented small businesses with competitively priced lines of credit to fund orders and projects as they scale,” said SBA Administrator Isabelle Casillas Guzman.
The SBA established the working capital pilot program to offer a more flexible loan product to meet the needs of small businesses and provide more options to
lenders when structuring lines of credit.
The WCP provides support for small businesses’ domestic and international capital needs and includes the transaction-based WCP to emable small businesses to fund individual projects or orders and access working capital earlier in the sales cycle and asset-based WCP loans to provide access to working capital against assets, allowing small businesses to better manage cash flow while also supporting supply chain resiliency.
The SBA will maintain a range of programs enabling small businesses to access working capital under the 7(a) program, including SBA express loans, CAPLines and export loans. Small businesses can visit the online SBA lender match page to be matched with participating SBA lenders that provide funding with competitive rates and fees.
For small businesses participating in the global
marketplace, the WCP is designed to support both domestic and international sales under one facility. For small businesses participating in the home energy rebate programs funded by the Inflation Reduction Act, the WCP provides a new solution to help companies increase capacity to serve more homeowners with their energy conversions.
Lenders approved to process 7(a) loans can begin processing 7(a) WCP loans. Lenders with delegated export working capital program authority will be provided with delegated authority to make 7(a) WCP loans. Lenders that don’t maintain delegated EWCP authority may apply for delegated 7(a) WCP status
More information about the working capital pilot program is available from the SBA website located at www.sba.gov.
Proposals are sought for murals and functional sculptures for a pilot project under way on Fourth and Fifth streets in Grand Junction.
A total of four murals are planned for three designated areas along Fourth and Fifth Streets. Functional sculptures that serve as bicycle racks and benches also are planned for two areas. The deadline to submit mural proposals is Aug. 23. The deadline to submit functional sculpture proposals is Sept. 17.
“We are looking forward to the pilot project on Fourth and Fifth streets to help encourage slower speeds and enhance the safety and experience for all user groups,” said Brandon Stam, the executive director of the Downtown Development Authority. “Placemaking efforts like the living streets mural program will help spur creativity and beautification along Fourth and Fifth Street.”
Submissions for mural artwork should be geometric, colorful and bright in design, incorporating abstract landscapes or conceptual ideas. Two designated areas along Fourth and Fifth streets will host sculptures. Designs for sculptures should include unique and playful bike racks and benches. The Grand Junction Commission on Arts and Culture, members of the Urban Trails Committee and city staff will select artists to complete the projects.
During the pilot project, vehicle traffic will be narrowed to one lane and one way on Fourth and Fifth streets between Ute Avenue and North Avenue to reduce speeds for motorists, cyclists and pedestrians. A bike lane protected by parallel parking will be constructed on the right sides of the streets. Diagonal parking will remain on the left sides of the streets.
The first phase of the project is underway. People can provide feedback on EngageGJ.org.
Boulder is among the finalists under consideration to host the Sundance Film Festival starting in 2027.
“I am so excited that Colorado is a finalist to host the Sundance Film Festival,” said Colorado Gov. Jared Polis. “With the beautiful backdrop of the Flatirons, Boulder’s historical ties to the Redford family and the capacity to support a growing, inclusive festival, we are confident that Boulder, Colo., is the right home for the Sundance Film Festival. I am thrilled the Sundance Institute recognizes the potential in relocating to my hometown and look forward to the many benefits this would bring to the entire state as well as to the festival.”
In April, the Sundance Institute initiated a process to consider host locations for the internationally renowned festival currently staged in Park City and the Sundance Resort in Utah. The largest independent film festival in the United States had a combined in-person and online vieweship of nearly 425,000 in 2023.
Boulder responded to a request for information in May, which led to an invitation to respond to a request for proposals.
The selection follows the submission of a proposal by the Boulder Convention and Visitors Bureau (Visit Boulder) with support from the Colorado Office of Economic Development and International Trade (OEDIT); Colorado Office of Film Television and Media; and a regional coalition of partners including the City of Boulder, the Boulder Chamber of Commerce, the University of Colorado at Boulder and Stanley Film Center.
“We are thrilled to be selected as a finalist in the search for a Sundance Film Festival host and welcome the opportunity to work with a collaborative partner like the Sundance Institute, which we believe shares our commitment to elevating the arts and supporting local communities,” said Charlene Hoffman, chief executive officer of the Boulder Convention and Visitors Bureau. “It is the truly collective nature of our proposal and the
partnership with Nuria Vandermyde, Boulder city manager; John Tayer, CEO and president of the Boulder chamber; and Lori Call, associate vice chancellor for local government and community engagement for the University of Colorado Boulder, that sets us apart. We are dedicated to advancing this collaboration in Boulder and showcasing the myriad benefits of our region throughout the selection process.”
The Colorado Economic Development Commission approved a one-time $1.5 million incentive. The non-state match for this funding exceeds one-to-one, with cash and in-kind contributions from the City of Boulder and the coalition of regional partners. OEDIT contributed an additional $325,000 to the proposal, including $250,000 from the Colorado Office of Film Television and Media over five years and one-time contributions of $50,000 from the Colorado Tourism Office and $15,000 from Colorado Creative Industries.
“Being selected as a finalist is a testament to the creativity and collaboration of Visit Boulder, Film Commissioner Donald Zuckerman, OEDIT Deputy Director Jeff Kraft and the many partners who recognize that hosting the Sundance Film Festival will elevate the arts, generate new jobs for Coloradans and support small businesses that rely on tourism,” said Eve Lieberman executive director of OEDIT. “OEDIT and the film office will continue to do our part to showcase the many ways our state is a great fit for the Sundance Film Festival and can help the festival achieve even greater success.”
Zuckerman said hosting the Sundance Film Festival in Colorado would be transformational for film, television and media in the state. “Filmmakers from the Sundance Institute’s prestigious directors lab, held at the Stanley Hotel in Estes Park this May, are already expressing interest in filming here. We can think of no better partner than the Sundance Institute to help elevate this type of storytelling in Colorado and hope to welcome the Festival in 2027.”
A meeting has been scheduled to offer information about traffic improvements to the F 1/2 Parkway in Grand Junction.
The meeting is set for 5:30 p.m. Aug. 8 in room BB 113 at Colorado Mesa University Tech, located at 2508 Blichmann Ave.
Phase two of F ½ Parkway construction will include such traffic adjustments as 25 Road reconstruction onto the F 1/2 Parkway, access to the loop for more efficient travel to north Grand Junction and safety for nearby neighborhoods.
In addition to phase two construction, a name change will occur for the F 1/2 Parkway.
Information will be available for residents and property owners affected by the changes.
Completion of the F 1/2 Parkway is expected to provide access to adjacent neighborhoods, alleviate traffic congestion, accommodate growth and new development, provide safer access for residents in the area, improve infrastructure and utility services and provide safe routes for pedestrians and cyclists.
Fewer small business owners raised wages in July, but continued to report difficulty in filling open positions, according to the latest report from a small business advocacy group.
The National Federation of Independent Business reported a seasonally adjusted net 33 percent of small business owners reported raising compensation in July, down five points from June and the lowest reading since April 2021. A net 18 percent reported plans to raise compensation in the next three months, down four points.
“One could say the latest NFIB jobs report indicates small business owners are caught between the proverbial rock and a hard place,” said Tony Gagliardi, state director of the NFIB in Colorado. “The interpretation of this latest report indicates that employers have topped out in wage increases, but the worker shortage continues to plague Main Street.”
A net 38 percent of small business owners reported job openings they couldn’t fill in July, up a point from June. A net 15 percent of owners said they plan to increase staffing in the next three months, unchanged for a third consecutive month.
The percent of small business owners reporting labor quality as their top business problem remained in July at 19, although labor quality as the top problem has eased over the last two quarters. Labor cost reported as the single most important problem for business owners fell two points to 9 percent, four points below the 13 percent reached in December 2021.
Continued from page 2
The largest year-over-year proportional increases in GDP occurred in the agriculture, foresting fishing and hunting; mining, quarrying and oil and gas extraction; and retail trade industries. The largest decreases occurred in the wholesale trade and other services sectors.
Colorado agricultural exports from January to April totaled $873.4 million, up 17.4 percent compared to the same period last year. Beef and beef byproducts remain the top export from the state, accounting for more than three-fourths of the total.
Meanwhile, the Colorado population continues to grow in part as a result of migration, the report stated.
According to the state demography office, the Colorado population increased 36,500 in 2023 to 5.8 million by the end of the year. Because of slowing in births and deaths, migration has become a bigger factor in affecting population change. Net migration for 2023 came lower than the 35,000 forecast, reaching only 20,000.
Migration is expected to increase over the next five to seven years in response to new jobs and the expected retirement of 40,000 people a year.
Even as economic indicators reflect continued growth, Colorado business leaders remain wary heading into the third quarter, according to the latest results of an index tracking their expectations.
The Leeds Business Confidence Index retreated 3.1 points between the second and third quarters to 50.6. The latest reading remained above 50 for a second straight quarter. Readings above 50 reflect more positive than negative responses to the survey upon which the index is based. But looking ahead to the fourth quarter, the reading was slightly lower at 49.9.
All six individual components of the third quarter index decreased between the second and third quarters,
The 16-page midyear update to the Colorado business and economic outlook for 2024 is available online at /www.colorado.edu/ business/sites/default/files/attachedfiles/2024_cbr_issue_2_v2_final_072524.pdf
two of them to below neutral 50.
The business research division of the Leeds School of Business calculates the index based on the results of quarterly surveys of business leaders from across the state and industry sectors.
Out of 201 leaders who responded to the third quarter survey in June, 150 offered open-ended explanations for their outlooks. While 26 percent of those who responded attributed their responses to higher interest rates, 21 percent cited uncertainty over the upcoming election and 17 percent their general sentiments. While 10 percent of respondents expressed optimism for the future, 7 percent expressed pessimism. Assessments of consumer confidence and demand were both positive and negative.
A separate measure of optimism among small business owners climbed in June to its highest level of this year, but remained below its historical average.
The National Federation of Independent Business reported its Small Business Optimism Index rose a point between May and June to 91.5. That’s the highest level since the index stood at 91.9 in December. However, the index has remained below its 50-year average of 98 for 30 consecutive months.
The proportion of NFIB members responding to the survey upon which the June index was based who expected the economy to improve rose five points between May and June. But at a net negative 25 percent, more members anticipated worsening conditions.
F
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Saad graduated from UNC with a degree in communications, a subject she says she considers fundamental to business and marketing.
She initially worked in the Denver area managing a variety of large-scale events, working with the Colorado Crush, Denver Polo Cub and Professional Golf Association Tour.
She returned to the Grand Valley in 2007 and continued to work as an independent marketing and events coordinator.
In 2018, she joined the Fruita Area Chamber of Commerce as marketing and membership coordinator, managing events and building connections with local business owners.
In 2019, Saad joined Timberline Bank based in Grand Junction as a marketing and communication specialist. She lead efforts to develop marketing materials and campaigns and implement initiatives to support community organizations.
In 2022, Saad joined Colorado Mesa University as director of career services, joining in efforts there to connect CMU students to employment opportunities. “It was an amazing job,” she says.
But when an opportunity of a different sort arose to purchase Pollux Clothing Co., Saad says she didn’t hesitate — as if the transition was somehow destined. “The universe came together at the right time.”
Pollux sells a variety of women’s clothing and accessories — styles for every generation, Saad says. That includes teen-agers and college students as well as mothers and older women. The inventory includes high-end brands as well as affordable merchandise.
The store also sells gifts, including journals and candles. “It’s a one-stop shop,” Saad says. “I want it to be the one-stop boutique for all generations.”
What differentiates Pollux is not only the unique inventory available there, but also the customer service, Saad says.
She works with a team of seven employees that includes high school and college students as well as retirees. They’re familiar not only with brands and styles, but also what customers want.
Saad says she wants customers to leave the store happy and confident.
Saad says she’s looking for new styles, brands and merchandise to offer at Pollux Clothing Co. A new line of jeans quickly sold out, so she’s bringing in more.
She’s also looking for additional ways to connect with customers — discounts for CMU students, for example.
And she’s planning special events, including private parties at which participants will have the store to themselves for two hours for shopping as well as receive discounts for their purchases.
What won’t change, Saad says, is operating a store where customers feel comfortable and valued — a place where everybody know their names.
t New business filings in Colorado, 45,150 in the first quarter, down 19.2% from the first quarter of 2023.
s Consumer Confidence Index in 100.3 in July, up 2.5.
t Leeds Business Confidence Index for Colorado, 50.6 for the third quarter, down 3.1.
s National Federation of Independent Business Small Business Optimism Index 91.5 for June, up 1.
n Foreclosures
s Foreclosure filings in Mesa County, 20 in July, up from 23 in July 2023.
t Foreclosure sales in Mesa County, 3 in July, down from 7 in July 2023.
t Conference Board Employment Trends Index, 109.61 for July, down 0.97.
t Conference Board Leading Economic Index 101.1 for June, down 0.2%.
t Institute for Supply Management Purchasing Managers Index for manufacturing, 46.8% for July, down 1.7%.
s Institute for Supply Management Purchasing Managers Index for services, 51.4% for July, up 2.6%.
s Real estate transactions in Mesa County, 386 in July, up 28.7 percent from July 2023.
s Dollar volume of real estate transactions in Mesa County, $175 million in July, up 33.8% from July 2023.
t Sales and use tax collections in Mesa County, $4.7 million for June, down 1.1% from June 2023.
n Unemployment
s Mesa County — 4.4% for June, up 0.3.
n Colorado — 3.8% for June, unchanged.
s United States — 4.3% for July, up 0.2.
Phil Castle The Business Times
An increase in real estate sales in July bodes well for a rebound in the Mesa County real estate market. So could what’s expected will be a decrease in mortgage interest rates.
the same span in 2024, transactions were down 3.4 percent while dollar volume edged up three-tenths of a percent.
Bray said July is typically a slower month for real estate sales, but this market isn’t typical. While residential transactions in July 2024 exceeded those for the same month in 2023, the latest number remained below those for 2022 and 2021.
“What a difference a month makes,” said Robert Bray, chief executive officer of Bray & Co. Real Estate Co. based in Grand Junction. “What a difference a rate change will make by year end.”
Jenn Hardey, marketing director for Fidelity National Title in Colorado, said 386 real estate transactions worth a total of $175 million were reported in Mesa County in July. Compared to the same month a year ago, transactions advanced 28.7 percent and dollar volume rose 33.8 percent.
Nonetheless, Bray said he was encouraged the monthly year-over-year gain between 2023 and 2024 could signal a rebound.
Hardey said 18 transactions worth a combined $32.3 million bolstered dollar volume, including the sales of a total of 40 parcels in Mesa and Delta County for $4.97 million for the Mesa County properties, a multi-tenant complex near Independent Avenue and 25 1/2 Road in Grand Junction for $4.7 million and a shop and warehouse space off North Avenue in Grand Junction for $2.2 million.
Through the first seven months of 2024, 2,160 transactions worth a total of more than $1 billion were reported. Compared to the same span in 2023, transactions slipped six-tenths of a percent while dollar volume increased 13.2 percent.
According to numbers Bray & Co. tracks for the residential market, 269 transactions worth a total of more than $115 million were reported in July. Compared to the same month a year ago, transactions increased 21.7 percent and dollar volume rose 12.1 percent.
Through the first seven months of 2024, 1,572 transactions worth a total of nearly $704 million were reported. Compared to
An increase in the inventory of existing homes offers more selection to buyers, he said. As of the end of July, there were 545 active listings in Mesa County. That’s up 18.7 percent from the 459 listings at the same time last year.
At the latest pace of sales, the current inventory offers only a two-month supply — short of the five- to six-month supply indicative of a more typical market, he said.
The median price for homes sold in July decreased $8,000 to $400,000 compared to the same month a year ago. But the median price for homes sold through the first seven months of 2024 rose 2.7 percent over the same span in 2023, he said, a reflection of continued demand.
Higher interest rates on mortgages have curtailed homes sales in not only making financing more expensive, but also making homeowners otherwise interested in selling and buying something else more reluctant to do so for fear of trading an existing mortgage with comparatively low interest rates for a new mortgage with higher rates. Bray said he expects interest rates to relent by the end of the year. The Federal Reserve is expected to cut its key shortterm interest rate in September.
Uncertainty persists, especially in advance of a presidential election. But Bray encouraged prospective homebuyers to connect with lenders now so they’re prepared to make offers when rates change.
Meanwhile, property foreclosure activity continues to decline. For the first seventh months of 2024, 106 foreclosure filings and 19 foreclosure sales were reported. Compared to the same span in 2023, filings were down 25.9 percent and sales down 32.1 percent. F
A measure of consumer confidence rebounded on more upbeat expectations for business and labor conditions. Still, concerns over inflation and interest rates persist.
The Conference Board reported its Consumer Confidence Index rose 2.5 points between June and July to 100.3. A component of the index based on assessments of current conditions retreated. But a component based on short-term expectations advanced.
“Confidence increased in July, but not enough to break free of the range that has prevailed over the past two years,” said Dana Peterson, chief economist at the Conference Board. “Even though consumers remain relatively positive about the labor market, they still appear to be concerned about elevated prices and interest rates and uncertainty about the future. Things that may not improve until next year.”
The New York-based think tank bases the index on the results of monthly household surveys. Economists monitor the index because consumer spending accounts for more than two-thirds of economic activity.
For July, less optimistic assessments of current conditions pulled down the present situation component of the index 1.7 points to 133.6.
The proportion of consumers responding to the survey upon which the July index was based who called business conditions good
slipped a tenth of a point to 18.8 percent. The share of those who called conditions bad edged up two-tenths of a point to 18.3 percent.
The proportion of consumers who said jobs were plentiful fell 1.4 points to 34.1 percent. The share of those who said jobs were hard to get rose three-tenths of a point to 16 percent.
Consumers were more confident in their short-term outlook, pushing up the expectations component of the index 5.4 points between June and July to 78.2. The reading has remained below 80 for six straight months, a level that typically signals a recession.
Peterson said the proportion of consumers predicting a recession ticked up in July, but remained below the 2023 peak. Consumers indicated they were most concerned about higher prices, labor, the political situation and upcoming election.
The share of consumers who expected business conditions to improve over the next six months rose 1.6 points to 14.8 percent. The proportion of those who expected conditions to worsen fell nine-tenths of a point to 16.7 percent.
The share of consumers who expected more jobs to become available in coming months rose 1.4 points to 14.5 percent. The proportion of those anticipating fewer jobs declined 1.6 points to 16.7 percent.
While 15.6 percent of consumers expected their incomes to increase — down sixth-tenths of a point from June — the share of those who expected decrease incomes fell seven-tenths of a point to 11.6 percent.
Payrolls continued to grow in the United States in July, but at a slower pace than the average monthly gains over the past year.
According to the latest estimates from the U.S. Bureau of Labor Statistics, nonfarm payrolls increased 114,000. The unemployment rate rose two-tenths of a point to 4.3 percent, the highest level since October 2021.
Payroll estimates and the jobless rate are based on separate surveys of businesses and households, respectively.
Initial estimates for payroll gains for the previous two months were revised downward a total of 29,000 to 216,000 for May and 179,000 for June. Based on the latest numbers, payrolls increased an average of 215,000 a month over the past year.
For July, 7.2 million people were counted among those unsuccessfully looking for work. Of those, 1.5 million have been out of work 27 weeks or longer.
Another 4.6 million people were counted among those
working part-time because their hours were cut or they couldn’t find full-time positions.
The labor participation rate — the proportion of the population working or looking for work — edged up a tenth of a point to 62.7 percent. The rate has changed little over the past year.
Payroll gains for July were spread out among industry sectors. Employment increased 55,000 in health care, 25,000 in construction, 14,000 in transportation and warehousing and 9,000 in social assistance. Government payrolls increased 17,000. Employment decreased 20,000 in the information sector.
The average workweek for employees on nonfarm payrolls shortened a tenth of an hour to 34.2 hours. The manufacturing workweek shortened two-tenths of an hour to 39.9 hours.
Average hourly earnings rose 8 cents to $35.07. Over the past year, earnings increased 3.6 percent.
A monthly index tracking labor trends declined, a signal job growth could slow in the United States.
The Conference Board reported its Employment Trends Index fell nearly a point between June and July to 109.61
Mitchell Barnes, an economist at the Conference Board, said the index reflects smaller payroll gains, but not broader deterioration. “The labor market is clearly cooling from its torrid post-pandemic pace, yet the trend of labor hoarding continues.”
n The Business Incubator Center has scheduled a series of training sessions for agencies, institutions and small businesses.
Strategic training for agencies and institutions is set for 11 a.m. to 1 p.m. Tuesdays Aug. 13 to Sept. 24 at the center, 2591 Legacy Way in Grand Junction
Participants will receive seven weeks of training on business planning, credentialing, financial budgeting, human resources and organizational management.
The 2024 Colorado legislative session ended on May 8. Bills that didn’t include a safety clause went into effect Aug. 7. Some of the new laws apply only to specific industries, but others affect every employer.
The next Leading Edge business planning course is set for 6 to 9 p.m. Wednesdays Aug. 28 to Nov. 13. Admission is $275 and $100 for each additional participant from the same business. Participants will learn how to start or grow a business based on an actionable business plan.
A free project night is set for 6 to 8 p.m. Aug. 15 at the GJMakerspace at the Business Incubator Center. Participants can work on projects and ask supervisors questions.
To register for or obtain more information about events, services and programs at the Business Incubator Center, call (970) 243-5242 or log on to https://gjincubator.org.
n The Mesa County Women’s Network has scheduled a workshop on navigating internal and external conflicts.
The workshop is set for 6 to 8 p.m. Aug. 13 at Abstract & Title Co. of Mesa County, 2464 Patterson Road in Grand Junction. Meredith Gardner, a certified life coach, will help participants develop a sense of self so they can navigate conflict with confidence.
Network members may attend at no additional charge. Non-members pay $35. To register or obtain more information, log on to www.mcwn.us.
n The next Coffee Club free networking meeting is set for 9 to 10 a.m. Aug. 16 at FWorks, 325 E. Aspen Ave. in Fruita.
The meeting will include a presentation by Renaya Demarest, managing director of the Growl Agency, about marketing technology and trends.
For information, visit https://gjincubator.org or https://fruitachamber.org.
n The Young Professionals Network of Mesa County has scheduled a lunch conversation with Andrew Golike, general manager of CoorsTek in Grand Junction.
The lunch is set for noon to 1 p.m. at CoorsTek, 1449 Riverside Parkway.
Network members may attend at no additional charge. Guests pay $10. Reservations are required. For reservations or more information, visit www.ypnmc.org.
n The Western Colorado Human Resource Association has scheduled a summer summit for 1 to 5 p.m. Aug. 21 at the Mesa County Workforce Center, located at 512 29 1/2 Road in Grand Junction.
Various resource providers in the region will discuss what they offer and how employees can access those resources.
WCHRA members may attend at no additional charge. Guests pay $20. To register or obtain more information, visit www.wchra.org.
Dean Harris
Here’s a look at some of the most significant new laws affecting Colorado employers.
n State discrimination laws now include two new protected statuses – organ donations and hair length.
HB24-1132, the Care for Living Organ Donors Act, prohibits employers from “intimidating, threatening, coercing, discriminating or retaliating against or taking an adverse action against employees” for the period extending 30 days before and 90 days after the employee is or becomes a living organ donor. Adverse actions include, but are not limited to, terminations, demotions, reassignments, pay decreases, denial of promotions or any diminishment in working conditions. This bill contained a safety clause and took effect June 3.
The 2020 Crown Act prohibits discrimination in employment, housing, advertising or public accommodations because of such traits associated with race as hair texture or type, or protective hairstyles such as braids, locs, cornrows or Afros. HB24-1451 adds hair length commonly or historically associated with race to the Crown Act. The Crown Act states specifically its purpose is to protect “persons of African, Jewish, Latinx or Native American descent.” But the statute gives no guidance on what’s a commonly or historically race-associated hairstyle. This begs the question of what hairstyle wouldn’t not be acceptable in the workplace. Employers should focus grooming policies on such factors as neatness, cleanliness and safety rather than any definition related to specific hairstyles or length.
n Employers are rightfully concerned episodes of domestic abuse, assault, stalking or sexual abuse can spill into the workplace when directed toward an employee. HB24-1122 relaxes the standards by which an employer can petition for a protection order to protect employees. Most notably, the employer no longer needs to show the respondent presents an “imminent danger” to the petitioner or protected party. The petitioner need only show that “a risk or threat of physical harm or the threat of psychological or emotional harm exists … regardless of when an incident occurred….” Again, this bill passed with a safety clause and went into effect on June 3.
n HB24-1129 provides protections for delivery
Employers should focus grooming policies on such factors as neatness, cleanliness and safety rather than hairstyles or length.
network company (DNC) drivers. A DNC “sells the delivery of goods or services, including delivery provided as part of the sale of goods.” Of course, this includes businesses that deliver food and drink and rideshare companies. But this broad definition appears to include services such as delivery of appliances or office supplies bought from retailers or restaurant deliveries that are performed by the restaurant itself.
The bill provides broad protections for DNC drivers. These protections include stringent requirements for employers to provide detailed information on how delivery pay is calculated. Also, the bill prohibits the employer from decreasing a driver’s compensation because of the amount of a customer’s tip. The bill requires a DNC to pay the driver all tips paid by a customer. Because the bill doesn’t contain a safety clause, some parts went into effect Aug. 7. The provisions discussed here go into effect on Jan. 1. n Colorado Gov. Jared Polis vetoed two labor and employment bills. HB24-1008 would have made general contractors liable for wage claims by workers for salaries allegedly owed by a subcontractor. Polis said the bill would have let subcontractors off the hook by shifting the burden to general contractors who pay their own workers on time.
HB24-1260 would have made it unlawful for employers to subject or threaten to subject an employee to discipline, discharge or an adverse employment action because the employee refuses to attend or participate in employer-sponsored meetings concerning “religious or political matters.” Polis said the definition of “religious or political matters” was so broad as to be “unworkable.” The Employers Council provides its members resources on employment law compliance. Consulting and enterprise members may discuss with employment attorneys and human resource professionals the effects of these new laws and other employment laws on their businesses.
Dean Harris is Western Slope area managing attorney for the Employers Council. The Employers Council counsels, represents and trains member employers in all phases of employment relationships. Contact Harris at dharris@employerscouncil.org or (970) 852-0190. F
An upcoming energy summit in Grand Junction will offer information about issues and trends in the sector in Colorado.
The Grand Junction Area Chamber of Commerce has the summit for 8:30 a.m. to 2 p.m. Aug. 14 at Colorado Mesa University.
Admission is $65 for chamber members, $75 for others. To register for the summit of obtain additional information, call (970) 242-3214 or log on to the website located at https://gjchamber.org.
The summit will feature large group sessions as well as interactive breakout sessions. Industry experts,
policymakers and community leaders will convene to discuss a variety of topics, including:
n A recent agreement between the State of Colorado and energy producers.
n The competitiveness of the Colorado energy industry and how that’s correlated to the overall competitiveness of the state and its economic future.
n What to expect from a new presidential administration on energy, environmental and mineral policies.
n Updates on the Colorado Energy Code.
n Increased demand for uranium.
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Customer service constitutes an essential part of a truly successful business. The unfortunate truth for customers, however, is service is too often lacking or nonexistent. When that’s the case, customers take their business and favorable opinions elsewhere.
Marcus Straub
My wife and I just returned from a 3,500-mile, 24-day road trip and vacation. We had many customer service encounters throughout the six states we visited. The majority of our experiences were mediocre, a few were poor and a few were exceptional.
We have no doubt about the businesses we won’t patronize in the future or talk favorably about. We also have no doubt about the ones we’ll absolutely visit again and speak very favorably about. Due to some paltry experiences and some fantastic experiences, some businesses dropped off our must-visit list even as others jumped onto the same list. Just like us, consumers vote with their hard-earned money and word of mouth.
By understanding what you value most in customer service and then duplicating those experiences for your customers, your business will stand out in a good way.You’ll benefit from more referrals and, in turn, enjoy more success.
Consumers have a variety of businesses from which to choose when they’re in the market for a certain product or service. Moreover, they’re increasingly discerning with their hard-earned money in looking to satisfy their wants and needs. It’s crucial to consistently deliver high-quality products and services.
Consistency in several key areas is vital to operating a standout business. And it’s your steadfast commitment
It costs next to nothing to earn high-quality referrals from your customers. But it’s very costly to have customers think poorly of you and your business.
to consistency and excellence that enables you to maintain that position over time.
n Exceptional customer service: Offering exceptional customer service experiences on a consistent basis begins with owners. When those who brought the company into existence have integrity and endeavor to give customers more reasons to say yes and fewer reasons to say no, the likelihood of operating an extraordinary company increases.
n A caring team: When companies hire managers and employees who care, they create teams of people who hold themselves accountable to delivering exceptional customer experiences. When team members don’t care enough to offer their best — both in their attitudes and behaviors — customers recognize it, the reputation of the business suffers and revenues are lost.
n Training and skills development: To help team members be their best on a consistent basis, it’s imperative to offer ongoing training and skills development in communication, customer service, leadership, listening, relationship-building and sales. Effective training positions your company to operate at the highest standards and meet and even exceed the desires of your growing clientele. By instilling and supporting a positive mindset and helping them to develop the necessary skills, your caring team members deliver an exceptional experience each and every time they connect with your valuable customers.
n Making it right: Operating a standout company isn’t about being perfect, but rather the pursuit of excellence and giving your absolute best day in and day out. When you or your team drops the ball with a customer, your integrity must kick in and, no matter what, make it right for the patron who makes your business possible in the first place.
Exceptional companies stand out in the hearts and minds of their customers by delivering high-quality service on a consistent basis.
Remember, your business can deliver high-quality products and services for years. But it only takes one paltry experience for a regular customer to stop doing business with you and share that negative experience with countless others. It costs next to nothing to earn highquality referrals from your customers. But it’s very costly to have customers think poorly of you and your business.
It’s the quality of each customer experience that matters most. The critical ingredients of an exceptional experience are exceptional people, exceptional products and exceptional services. Get these right on a consistent basis, and your business will always make a lasting impression in the hearts and minds of your customers.
Marcus Straub owns Life is Great Coaching in Grand Junction. His personalized coaching and consulting services help individuals, business owners, executives and companies build teams, organizations and lives filled with happiness and success. Straub is winner of the International Coach of the Year Award and author of “Is It Fun Being You?” He’s available for free consultations regarding coaching, speaking and trainings. Reach Straub at (970) 208-3150, marcus@ligcoaching.com or through the website located at www.ligcoaching.com. F
Earlier this year, the U.S. Department of Labor (DOL) released its latest guidance and rule on overtime pay. The specifics of this rule are contained in the Fair Labor Standards Act (FLSA).
The underlying premise of the FLSA is when most workers work more than 40 hours in a week, they get paid more. The primary intent of the latest version of the FLSA is to benefit lower-paid salaried workers.
Some workers are exempt from minimum wage and overtime protections, including executive, administrative and professional employees The so-called EAP exemption applies when:
n An employee is paid a salary.
n The salary is not less than a minimum salary threshold.
n An employee primarily performs executive, administrative or professional duties.
The DOL’s final rule went into effect in July. The rule will increase the standard salary level that helps define which salaried workers are entitled to overtime pay under the FLSA. This salary level was determined based on tens of thousands of comments from salaried workers across the country.
Starting July 1, most salaried workers who earn less than $844 per week became eligible for overtime pay. Starting Jan. 1, most salaried workers who make less than $1,128 per week will become eligible for overtime pay. Starting July 1, 2027, eligibility thresholds will be updated every three years based on wage data.
The rule changes probably don’t apply to EAP workers, so careful definition of job roles and responsibilities is in order. As these changes occur, job duties will continue to determine overtime exemption status for most salaried employees.
Some employers might tempted to reclassify certain employees to make them “independent contractors” to avoid overtime pay requirements.
They should proceed cautiously before taking that step.
The DOL website offers guidance explaining the differences between employees and independent contractors, as does the IRS website.
The following, taken from DOL website, provides some guidance: A worker is entitled to minimum wage and overtime pay under the FLSA when there’s an employment relationship between the worker and employer and coverage under the FLSA. Employers are responsible for determining whether a worker is an employee under the FLSA. Misclassification occurs when an employer treats a worker who is an employee under the FLSA as an independent contractor.
The preceding is not to be construed as legal, tax or other guidance or advice. Always consult the appropriate licensed professionals..
Janet Arrowood is founder and managing director of the Write Source, a Grand Junction firm offering a range of services, including grant and proposal writing, instruction and technical writing. Reach her at janet.arrowood@thewritesourceinc.com. For more information, log on to www.TheWriteSourceInc.com.
The Colorado Department of Labor and Employment plans to establish a new office to coordinate programs and other resources for the disabled.
The Colorado Disability Opportunity Office (CDOO) is a result of state legislation intended to promote collaboration and engagement. The Colorado Disability Funding Committee will be transferred to the new office. The committee awards more than $5 million in grants a year for disability appliction assistance and projects for Colorado residents with disabilities.
“We’re excited about establishing CDOO and the opportunities it will add to our existing array of services and support for Coloradans with disabilities,” said Joe Barela, executive director of the Colorado Department of Labor and Employment. “Our vision is to ensure a working economy that elevates all of Colorado. We believe anyone with a disability who wants to work can work regardless of the type or severity of their disability. We’re eager to establish this new office to complement our existing efforts, and we have already hit the ground running to begin recruiting key leadership positions.”
By one estimate, about 20 percent of Coloradans have one or more disabilities. The new office will oversee collaboration among state agencies, boards and committees to coordinate disability policies and services. The office also will serve as a resource for profit and nonprofit organizations.
In today’s rapidly evolving business landscape, the importance of continuous learning and strategic technology adoption can’t be overstated, especially within the realm of human resource (HR) management. These two pillars not only enhance individual career growth, but also contribute to organizational success.
Ed Krey
Let’s explore how integrating ongoing education and strategic technology benefits your company.
n Unlocking success through ongoing learning: Staying ahead of trends and innovations is crucial. Continuing education empowers employees to expand their skills, deepen their expertise and prepare for future roles within the organization. By investing in their development through workshops, certifications and online courses, employers not only foster a culture of learning, but also position their workforce as adaptable and capable assets.
n Boosting earning potential and career trajectories: Research shows a direct correlation between education and earning potential. By encouraging ongoing learning, employers not only enrich their employees’ capabilities, but also increase their chances for advancement within the company. Whether aiming for leadership roles or enhancing specialized skills, a well-trained workforce drives productivity, innovation and profit.
n Embracing strategic technology for adaptability: In the face of constant change, strategic technology solutions play a pivotal role in enhancing HR functions. From artificial intelligence-driven recruitment tools to performance analytics platforms and remote work solutions, staying abreast of technological advancements ensures
HR professionals remain agile and responsive to evolving job requirements. This adaptability not only streamlines processes, but also improves organizational efficiency.
n Enhancing job satisfaction and employee retention: Employee satisfaction is paramount to retention rates and organizational stability. Investing in employee development demonstrates a commitment to their growth and well-being, leading to higher job satisfaction, reduced turnover and stronger team cohesion. A satisfied workforce is more likely to remain loyal and engaged, contributing to a positive work environment and sustainable growth.
n Improving organizational performance: Beyond individual growth, continuous education enhances the overall performance of organizations. HR professionals with advanced skills and knowledge are better equipped to drive talent acquisition, shape company culture and promote employee well-being. Strategic use of technology amplifies their capabilities, enabling efficient management of resources and strategic decision-making.
n Cultivating a culture of lifelong learning: Learning is a journey that extends beyond formal education. Encouraging employees to engage in continuous learning opportunities — webinars, industry publications and cross-functional collaborations — fosters a culture of curiosity and innovation. By embracing lifelong learning as a shared organizational value, companies cultivate a resilient workforce capable of navigating complex challenges and seizing new opportunities.
n Improving employee experiences: Enhancing employee experiences constitutes as a critical focus for HR and business leaders alike. Inflationary pressures and shifting employee expectations necessitate thoughtful strategies to support workforce well-being and foster a positive workplace culture. By prioritizing employee experiences through people-centric policies and initiatives, organizations attract top talent, reduce turnover and
maintain a motivated workforce ready to tackle challenges.
n Leveraging data-driven insights to make decisions: The integration of advanced technology in HR allows for the collection and analysis of vast amounts of data. This data-driven approach enables HR professionals to make informed decisions regarding talent management, employee engagement and workforce planning. By leveraging insights from data analytics, organizations identify trends, predict future needs and implement proactive strategies to address potential challenges.
n Fostering innovation through collaborative learning: Encouraging a collaborative learning environment where employees share knowledge and experiences fosters innovation. Cross-functional teams and interdepartmental projects provide opportunities for employees to learn from each other, leading to creative solutions and improved problem-solving capabilities. This collaborative approach not only enhances individual skills, but also drives collective growth and innovation within the organization.
The combination of continuing education and strategic technology in HR is indispensable for organizational growth and success. By investing in ongoing learning and embracing technological advancements, companies not only empower their employees, but also position themselves as industry leaders capable of navigating change and driving innovation. As the business landscape evolves, a commitment to learning and technology remains essential to sustaining competitive advantage and achieving long-term prosperity.
Ed Krey is owner and president of Lighthouse HR Support, a Grand Junction firm offering human resource services for small and medium-sized businesses. For more information, visit www.lighthousehrs.net. F
Purchasing a home is one of the most significant financial decisions you’ll ever make. Whether you’re a first-time homebuyer or seasoned investor, navigating the changing landscape of real estate presents a daunting task.
The role of a buyer’s agent has never been more important. Buyer’s agents not only help negotiate the complexities of purchasing a home, but also ensure buyers’ interests are protected throughout the process.
Given upcoming changes associated with the National Association of Realtors settlement, having a buyer’s agent as an advocate is crucial. Unlike listing agents who work for the seller, buyer’s agents provide a range of services tailored to the needs of homebuyers.
Here are few reasons why having a buyer’s agent on your side is a game-changer:
n Expertise and market knowledge. As a licensed real estate professional with an in-depth understanding of the local market, a buyer’s agent has access to market data, current listings, historical sales prices and neighborhood trends. This knowledge provides a clearer picture of the market and helps in making informed decisions.
n Access to exclusive or in-house listings. While most homes are listed on real estate websites, some properties are only available through agents. So-called pocket listings offer more options and less competition. A buyer’s agent has can give you access to these exclusive listings, increasing your chances of finding the perfect home.
n Skilled negotiation. Negotiating the price and terms of a home purchase can be challenging. A buyer’s agent acts as your advocate, using their negotiation skills to ensure you get the best possible deal. They understand the nuances of offer presentations, counteroffers and contract contingencies, working diligently to protect your interests and achieve favorable outcomes.
n Streamlined process. Buying a home involves several steps — securing financing, making an offer, conducting inspections and closing the deal. A buyer’s agent keeps everything on track and ensures deadlines are met. Their organizational skills and attention to detail minimize the risk of costly mistakes and delays, making the entire process smoother and more efficient.
n Objective advice. Emotions can sometimes run high when purchasing a home. A buyer’s agent provides objective advice, helping clients make decisions based on facts rather than emotions.
The recent settlement by the NAR will bring significant changes to the real estate industry. These changes aim to increase transparency in real estate transactions, particularly concerning how agents are compensated. As the industry adapts to these new regulations, the role of a buyer’s agent will become even more crucial for several reasons:
n Transparency in commissions. One of the key aspects of the NAR settlement is the requirement for greater transparency in how commissions are disclosed. This means buyers will have a clearer understanding of how their agents are compensated. A buyer’s agent can explain these changes and ensure clients understand the financial aspects of their transactions.
n Informed decision-making. With clearer information
about commissions and other transaction costs, buyers can make more informed decisions. A buyer’s agent interprets this information, ensuring clients fully understand the financial implications of their purchases.
n Advocacy and representation. As the market adapts to these changes, a dedicated advocate becomes even more important. Buyer’s agents focus on their clients’ best interests, ensuring buyers aren’t disadvantaged by the evolving landscape.
n Navigating new regulations. The real estate market is highly regulated. The NAR settlement adds layers of complexity. Buyer’s agents stay abreast of these changes and help clients navigate new rules, ensuring compliance and avoiding pitfalls.
In a changing real estate market, the value of a buyer’s agent can’t be overstated. These professionals provide the essential support, market expertise and negotiation skills crucial for a successful home purchase. For buyers, having knowledgeable and dedicated agents by their sides ensures a smoother, more informed and ultimately more successful homebuying experience.
Ready to start your homebuying or investing journey? Connect with an experienced buyer’s agents and take the first step toward finding your perfect home.
Stewart Cruickshank is sales manager of Bray & Co. Real Estate located at 1015 N. Seventh St. in Grand Junction. Contact Cruickshank at (970) 242-3647. For more information about Bray & Co. Real Estate, visit www.brayandco.com.
For working parents, many of them also employees, preparing to send their children back to school constitutes and important and time-consuming task.
Mesa County Public Health wants to make this time of year as easy as possible for families by offering a back-to-school clinic to get children caught up on routine vaccinations. Protecting children and their families from the worst outcomes of these preventable diseases helps keep the workforce healthy as well.
“Prevention is so important heading into the school year. These vaccines protect individual kids from serious illness, and the entire school community,” said Allison Sanchez, clinical services director at Mesa County Public Health.
The vaccine clinic is set for 9 a.m. to 1 p.m. Aug. 10 at the public health clinic at 510 29 1/2 Road in Grand
Protecting children and their families from the worst outcomes of these preventable diseases helps keep the workforce healthy as well.
Junction. Appointments are required. Call (970) 248-6900 to schedule one.
All recommended and required school vaccines will be available, including those for tetanus, diphtheria and pertussis; measles, mumps and rubella; meningitis; COVID-19; and varicella for chickenpox.
Parents should bring their children’s immunization records as well as their insurance cards. If needed, nurses can check records to see which vaccines are needed.
The clinic accepts all major health insurance plans. Programs are available for those without insurance.
“For children without insurance, we can provide
vaccinations at low cost. We will work with all families to make sure kids get what they need for school,” Sanchez said.
If parents have concerns about vaccinations, nurses will be on hand to answer questions.
“Having those conversations with parents about where they are and where they need to be and setting up a timeline is really what we aim for to get them caught up as soon as we can,” Sanchez said.
Additional information about vaccinations and other services at the public health clinic is available from the Mesa County Public Health website located at mesacounty. us/public-health.
By sharing this information with employees, we can all work together to promote a healthy community.
Sarah Gray is a communication specialist with Mesa County Public Health. For additional information, call (970) 248-6900 or visit mesacounty.us/public-health. F
The stock market hit the skids, then a day later matters got worse. What was behind the selloff? It must be noted there are landmines everywhere when venturing into explaining stock market moves. It’s not unusual to see sentiment suddenly switch and prices move in a different direction.
A new year almost always brings an opportunity for a fresh start and renewed ambition to do things better.
Acknowledging this caveat, two factors seem to have come into play with this recent dive in stock prices. That is, concerns over the United States economy and Federal Reserve interest rate policy.
In business, that usually boils down to providing customers better products and services faster and at lower cost than competitors. Part of the process must include listening to customers to determine what they actually need and then meeting that need. After all, it does little good to offer the latest and greatest if nobody actually wants what you’re selling.
Just like the businesses that belong to the group, the Grand Junction Area Chamber of Commerce invariably starts out the new year with a reassessment of the services and resources it provides and how well they match with members needs. Jeff Franklin, the new chairman of the chamber board of directors, personifies this approach in describing what he considers his role for the coming year: listen to members, determine their needs and then meet those needs. It’s a role with which Franklin is familiar as market president of Bank of Colorado.
Raymond Keating
First, the latest jobs report was underwhelming. In effect, employment growth stalled. And both surveys included in the U.S. Bureau of Labor Statistics report were in agreement. First, the establishment survey estimated that nonfarm payroll employment was up by only 114,000 in June. Second, the household survey, which better captures small business and startup activity, pointed to growth of a mere 67,000 jobs — not much more than statistical noise.
But no one should have been all that surprised, as this has been the Federal Reserve’s desire, while the White House and Congress have been running an anti-growth policy regime.
The process will take on a more structured approach in what the chamber plans as the resumption of a program aptly called Listening to Business. Under the program, business owners participate in in-depth interviews to identify barriers to growth and other problems they encounter.
The Federal Reserve has been on a misguided quest to fight inflation by slowing the economy — an economy, by the way, that hasn’t grown with real strength in some 18 years — via higher interest rates. Meanwhile, Congress and the White House have made matters worse through increased regulation, more government spending, protectionist trade policies and uncertainty on where taxes are headed.
The new year offers a good time to join the proverbial club.
As an advertiser or reader, what do you need from the Business Times?
While business journals traditionally gather and report the relevant news to readers, communication isn’t necessarily a one-way street. That’s especially true as Web sites and e-mail make the dialogue more convenient than ever.
For good measure, the Institute for Supply Management noted that a poor performance on the manufacturing front got worse in July. The news from the subsequent ISM services report was more mixed than positive.
Good publications don’t exist in a vacuum. They respond to the needs of advertisers and readers. They provide what’s needed.
Market investors apparently now believe the Fed has overshot with its interest rate increases and are worried a soft landing might turn into a rougher, recessionary landing.
So what do you need?
Is there additional news coverage that would help keep you informed about local business developments? Are there features that would be interesting or useful? Is there advice that would make your jobs a little easier?
Additional major economic indicators arrive soon, including those for inflation, retail sales, industrial production and housing.
It’s equally important to ask what you don’t need. With limited time to produce content and limited space in which to publish it, would time and space be better devoted to something else?
Of course, overseas growth, or the lack thereof, also remains a concern for the U.S. given how important trade is to our economy.
And then there are the November elections, with the White House and Congress hanging in the balance. Not only is the outcome of that election causing uncertainty, but it must be said that questions also loom regarding policy no matter who wins.
What’s good? What isn’t? What’s needed? What isn’t?
Let us know. Send us an e-mail. Comment online on the Business Times Web site at www.thebusinesstimes.com. You could even write an old-fashioned letter to the editor if you’d like. Your feedback, both positive and negative, is valued and will be carefully considered.
It seems the well-being of the U.S. economy is left, once more, exclusively in the hands of American entrepreneurs, businesses, investors and workers as they too often have to navigate through costly, unpredictable and stormy policy waters.
Good publications are the result of not only the efforts of their staffs, but also collaborative efforts involving advertisers and readers.
Like any other good business, we want to listen to our customers, find out what they need and then meet those needs.
It’s a new year. Please help us to do so. ✦
Raymond Keating is chief economist for the Small Business & Entrepreneurship Council and author of a series of books titled “The Weekly Economist” offering quick reads to help people think like an economist. For additional information, log on to the website at https://sbecouncil.org. F
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Publisher/Owner: Craig R. Hall Editor: Phil Castle
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The Grand Valley Business Times, a subsidiary of Hall Media Group LLC, is published twice monthly and distributed throughout Grand Junction, Fruita and Palisade. Advertising rates and deadlines are available upon request. Opinions expressed in this publication are those of the writers and do not necessarily reflect the views of the publisher, editor, staff or advertisers. Copyright © 2015 — All rights reserved.
Of crown jewels and rhinestones, government should pick rhinestones
Yeah, I’m going to complain about the new Grand Junction High School. And yes, I’m still going to be silly enough to believe presenting the thoughts I’ve put into ink on paper for the past two decades will be read and absorbed by folks who’re already screaming talking points at me for how wrong I am. I get it.
It’s that time of year when resolutions and prognostications abound. My favorite saying applied to New Year’s resolutions is in saying they’re basically a bunch of promises to break the first week of January. And while I won’t predict a whole lot, I can pretty much accurately nail a few things that without question will make the news. You will see these are pretty, well, predictable:
Greg’s wish list went full steam ahead in approving the demands of our s elf-proclaimed civic leaders — apparently you can declare yourself a leader, no election needed — and told the district it had $150 million-plus to do as it pleased. And people wonder why I called it the Taj Mahal?
Craig Hall
But I also get this. There should be no crown jewels in government be it on their heads, where they reside or where they conduct business. Doesn’t mean things can’t be nice. But they also have to function and get the results as intended to the benefit of all people equally. So tell me where you’ve seen government accomplish any of that in our electeds, its programs or palaces?
So here goes nothing, or hopefully at least a little something for thought.
■ Prediction one: There will be some sort of weather event, natural disaster or heinous occurrence where someone will be interviewed and say the following: “I’ve never seen anything like that in my lifetime.” It’s as if this person is a required attendee at every news reporting event. While I understand most people’s perspective can indeed be limited by, or contained within, their own personal experiences, it is too much to ask to consult some historical perspective before saying such a thing? Yes, this response can apply to some events. But when it comes to weather and natural disasters, I’m pretty sure this is simply history repeating itself. Same as it has for millions and millions of years. More important, the planet made it! What didn’t were certain species. How’s that for perspective?
Since the day I moved to Grand Junction in 2000, I’ve understood the desperate need to replace Grand Junction High School. At that time, Mesa County School District 51 was already 20 years or so behind the eight ball on the projected replacement date. Read that again — 20 years. And during the next 20 plus years, I wrote about this topic several times as D51 tried ballot initiative after ballot initiative to no avail to get the thing built. Maybe because those initiatives were guilt-driven or Christmas tree-style bonds attempting to ask for more than they needed to solve every problem of D51’s making so they never passed?
■ Prediction two: When it comes to a crime or something that occurs between humans, the other required attendee at all news reporting events is the person who says this: “They we’re just the nicest people, and in no way did I see something like this coming.” Exactly. No one does most of the time when it comes to neighbors and acquaintances. People should be surprised at what goes on from time to time in their neighborhoods, towns and with people they know because people are good. And for the times that they shouldn’t be shocked — like with politicians, repeat offenders and terrorists — where’s the interview that says, “This doesn’t surprise me in the least.”
long run always hurt consumers. Another fact is that unemployment reaches a certain level based on the economy. And while the government might brag the number is low, it’s more than likely the government did something to cause that number being low — and not in a good way. Conversely, when business picks up, it’s because the people who need to buy widgets who were not buying widgets because the economy was contracting due to natural (or unnatural, government caused) reasons, decided we better buy some widgets. The government had nothing to do with this.
For those of you too lazy to Google, Taj Mahal literally means crown palace. And just how was our new high school described in every news report after its grand opening? You guessed it: D51’s crown jewel. This time in the form of a palace — which ironically from the Seventh Street view looks oddly like a 1970s JC Penny. Go ahead, do a lookyloo at the mall and past the school. It just screams windowless, benign, beige. But the new tiger is sure pretty — thanks Louis. Figures the private dollars stand apart at the entrance.
But as government is prone to do in Grand Junction, they were gonna find a way to build the new high school come hell or high water. First off, they took my advice and made the ballot initiative a single issue asking for money strictly to build the high school and nothing else. Who knew D51 had such common sense? Trust me, it was short-lived. Because if D51 is known for anything, it’s this. As evidenced by how many time it asks for tax increases — including the coming ask to NOT sunset a couple of previous ballot initiatives along with nearly half a BILLION dollars in building and maintenance needs from its latest report — always going to the voters for more and more money because it doesn’t have the funding to get the job done.
And what did D51 use to pass the ballot initiative for the new high school? Ironically, to me, more you hate children guilt and a money ask making the new high school a 1970’s JC Penny Wishbook of bureaucratic overspending. Want more irony? That’s the decade in which the high school should have been replaced. Yet, parents who wouldn’t consider buying everything on Marsha or
■ Prediction three: Something good will happen economically, and the government will take credit for it. The most recent example is gas prices, where people ask me why I won’t credit the president for low gas prices. My answer is simple: Government never makes the price of something go down and simply takes credit for good news. Gas pricing is subject to many global factors. Now there are government answers to addressing some of them to keep prices stable for Americans, but our government has none of them in place. The only things it has in place in the
■ Prediction four: In keeping with things the government does, I predict the government will manipulate the numbers to make the claim the economy is getting better because of how hard it is working to help all of us “working Americans.” Now you might say, “Craig, you always say this about President Obama because you don’t like him.” You’re right in a sense. I don’t know the man, but what I know of him and his thinking, I don’t like it or him one iota. Before you go off, however, I didn’t like President Bush and his bailouts, stimulus and his abandoning the free market to save the free market. And I don’t know him either. What the government does, and the only thing it can do, is hurt the economy. Unless it does nothing or put criminals in jail instead of partnering with them, nothing the government does will help. Always look at it this way, whatever the government says it is doing, whatever the name of the law it is passing, or whatever the name or goal of the bureaucracy it is presenting to the people, expect the polar opposite to occur. I guess what I’m saying is that perhaps it’s time to get out of our own perspective. There’s plenty of history books and historical research out there to begin to understand that all of this has happened before. And it will again, whether the topic is people or government. The best recommendation is to find some books or try that whole Google thing. There’s a lot of information on the Great Depression. The truth is it wasn’t even a good one until the government got involved. There’s also plenty of research on the medieval warm period when the planet was much warmer than today with a whole lot less people (and warmer well before man was here at all). And yep, people have been killing other surprised people since history was first written. Maybe some research will help stop all of these trends. Otherwise, we’ll be saying we’ve never seen anything like it in our lives. And not in a good way.
Again, I’m not saying the new high school shouldn’t be nice, safe and a quality learning environment for administrators, teachers and students. As a matter of fact, I assert every building under D51s supervision should be so. But they aren’t. And that’s a fact. Here’s another one. For the amount spent on one new school, D51 could have two or three new schools and several million to begin addressing all those building and maintenance needs it’s about to ask the voters to approve in the hundreds of millions of dollars. That is, once it guilts us into not sunsetting bond issues already in place. And once we approve those two, expect D51 at the public trough and vomitorium every year or two saying, “Please sir, may I have some more?” Then D51 can throw up another crown jewel for our oohs and aahs while the majority only gets rhinestones. But when you think about it, maybe that’s all we should get and all they should build — across the board. After all, rhinestones are functional and do the job, shine like diamonds and display wonderfully and worked very well for our gold medal winning women’s gymnastics team. Don’t all kids deserve that? All teachers? Fact is, government should be limited to rhinestones. There’s a reason conquerors don’t destroy the mansions and palaces in lands they conquer. It’s because they believe themselves superior and only the select deserve to live in those comforts. So why only certain kids and teachers? Why is this the lesson they are teaching from our schools instead of the Three Rs or budgeting or living within your means?
Craig Hall is owner and publisher of the Business Times. Reach him at (970) 424-5133 or publisher@thebusinesstimes.com.
Craig Hall is owner and publisher of the Business Times. Reach him at 424-5133 or publisher@thebusinesstimes.com.
Back-to-school season is here, meaning parents will shop for clothes, shoes and supplies for their children — and discover the costs of those goods have increased substantially since last year.
Phyllis Hunsinger
Gary Wolfram, an economist and author of “A Capitalist Manifesto,” wrote: “When you can buy less of all goods with the same amount of money, then you have inflation.”
Americans experience inflation across the economy. Government officials blame oil producers, manufacturers for shrinking product packaging, labor markets and unions.
But Daniel Lacalle, an economist and author of “Freedom or Equality,” said: “Inflation is not a coincidence. It is a policy.
The only real cause of inflation is government spending.”
What policy creates inflation? The continued failure of the federal government to balance the national budget results in spending more money than taxes and fees generate in revenue. Lacalle is correct: The cause of inflation is government policy.
The last time the federal budget balanced was in 2001. President Bill Clinton and a Republican- controlled Congress balanced budgets from 1998 to 2001. Dereliction of duty by elected leaders of both parties has created an unsustainable imbalance because of extravagant government spending and printing money.
American journalist and author Henry Hazlitt wrote in “The Inflation Crisis and How to Resolve It” the cure for inflation is to stop printing money to cover debt. Therein lies the challenge. Excessive government spending is the result of government efforts to redistribute wealth and income. Huge federal giveaways are a ploy for elected officials to ingratiate themselves to voters and remain in power Hazlitt warned radical decisions to solve inflation are disagreeable.
Argentinians experienced Hazlitt’s warning. Daphne Posadas, political and international affairs analyst and author of “Argentina’s Recent Inflation Trends Are Proving Hazlitt Right,” wrote this: “When Javier Milei assumed the presidency in December 2023, monthly inflation skyrocketed to an unprecedented 25.5 percent. Within five months, Milei’s administration managed to reduce this figure by more than 20 percent. The trend indicates potential stabilization of the Argentine economy. To achieve a zero deficit, Milei enacted a 35 percent reduction in public spending. He did this by closing half of the ministries and secretariats, suspended public works for a year, reduced subsidies for energy and transportation, canceled government advertising and maintained the 2023 budget for 2024. These measures, although unpopular, yielded results. Milei’s government not only avoided a deficit, but actually achieved a surplus, and most importantly, inflation began to decline.”
The United States hasn’t had a budget surplus in more than two decades. But Argentina demonstrated how achieving a budget surplus is possible. The results have been noteworthy in lowering the inflation rate. Correcting years of poor fiscal policies take time and effort. But the results include lower inflation and higher productivity. A balanced budget equals a healthy economy.
Daniel Di Martino, an economist and graduate fellow at the Manhattan Institute, wrote that President Milei described himself as a kind of shock therapy to Argentina’s historic economic crisis fueled by decades of government spending. Milei blamed Argentina’s backward economic policies for its plights — policies, he pointed out, spreading across the world. As Di Martino observed, Milei isn’t afraid to speak truth to world powers. At the 2024 World Economic Forum in Davos, Switzerland, Milei said: “The main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism. We are here to tell you that collectivist experiments are never the solution to the problems that afflict the citizens of the world — rather they are the root cause.”
Free market principles work. What doesn’t work are politicians who ignore the cause and effect of poor fiscal policies and demonstrate no interest in making cuts to the bloated bureaucracy and deficit spending. Politicians recommending subsidies and additional federal programs as a way to curb inflation either don’t understand basic economics or lack the courage to take the draconian measures necessary to curb deficit spending.
Back-to-school items will cost more. Don’t blame the manufacturers of crayons, paper products and apparel. Blame politicians who’ve long neglected their fiducial responsibilities — and voters who don’t hold politicians accountable.
Phyllis Hunsinger is founder of the Freedom & Responsibility Education Enterprise Foundation in Grand Junction. The FREE Foundation provides resources to students and teachers in Western Colorado to promote the understanding of economics, financial literacy and free enterprise. A former teacher, principal and superintendent, Hunsinger wrote “Down and Dirty: A ‘How To’ Math Book.” Reach Hunsinger by email at phyllis@free-dom.us.com. For more information about the FREE Foundation, log on to www.free-dom.us.com.
Community health centers across the country are recognized each August for providing preventive and primary care services to nearly 32 million people. MarillacHealth is one of 20 health centers serving one in every seven Coloradans. Many are familiar with Marillac’s 36-year-old mission of providing affordable, high-quality care to persons of lower income. Marillac provides medical, dental and behavioral health care services and discounted medications to the unhoused; migrant farmworkers; undocumented individuals; and persons of lower income who are often uninsured, underinsured or on Medicaid. Our organization connects with these hard-toreach populations to convey the message health care and better health are within reach. For those who’ve fallen on tough times or are living from paycheck to paycheck, Marillac’s doors are always open. About a third of our patients are children and adolescents. A growing number are older adults.
Under the sponsorship of St. Mary’s Hospital from 1988-2014, Marillac formerly operated as a busy safety net clinic with limited parking, space and capacity to serve the growing number of people who depended on us for health care. After self-incorporating and becoming a federally qualified community health center in 2015, Marillac doubled in size thanks to an annual grant from the Health Resources & Services Administration, enhanced Medicaid reimbursement and additional clinic sites. Because the HRSA grant accounts for less than 10 percent of our operating budget, Marillac supplements revenue with foundation grants, community donations and fund-raising events.
Community health centers, Marillac included, bring demonstrable value and impact to their communities. According to Capital Link, which periodically profiles Marillac’s economic performance, Marillac’s positive impacts are multitude. Using the most recent data available, Marillac achieved 24 percent lower costs when serving Medicaid patients and in 2021 alone saved $17.5 million in overall Medicaid costs. Today, Marillac provides 123 jobs with competitive wages and an array of fringe benefits. In addition, CapLink reported Marillac operations indirectly support at least 72 ancillary jobs. Direct health center spending in 2021 amounted to $11.1 million with an additional $13.2 million in community spending, creating $24.3 million in total economic impact. Closed for only seven major holidays, Marillac is an economic engine that produces nearly half a million dollars in state and local tax revenue and another $2.5 million in federal tax revenue.
Marillac’s pandemic response included launching drive-through testing sites for diagnosing COVID-19 and the county’s first drive-through immunization clinic. When dental practices were prohibited from seeing patients, Marillac worked with authorities to undertake extraordinary precautions and remain open. Marillac welcomed community members, regardless of their income levels, experiencing dental emergencies. Grateful patients received relief from pain, healing restorative treatment and a memorable introduction to Marillac’s role as their community health center.
Like all thriving for-profit and nonprofit organizations, Marillac depends on the guidance and governance of its board of directors, ongoing market analysis, a fidelity to strategic planning and a talented and happy workforce. Marillac endeavors to employ a diverse and inclusive workforce — an essential approach for welcoming and serving an increasingly diverse patient population. Within our workplace culture that emphasizes learning and leadership, we continue to explore new approaches to rewarding high performance.
By combining medical, dental and behavioral health and discounted medications under one roof and providing sliding fee discounts to qualified patients, Marillac welcomes new patients and inspires their trust.
On July 22, Marillac broke ground on a centralized health center destined to care for hundreds of thousands of our neighbors in coming years. Thanks to the magnanimity of charitable foundations, service clubs, businesses and churches that have pledged support and the generosity of individuals and families who have generously contributed and continue to give, Marillac will open new doors to health (our campaign theme) at 526 29 1/2 Road next to the Mesa County Workforce Center in late 2025. In partnership with Colorado Mesa University Tech, a dental hygienist training and certification program will be co-located at the center.
More than ever, it’s affirming to have the bipartisan support of our elected officials: U.S. Sens. Michael Bennet and John Hickenlooper, State Sen. Janice Rich, State Reps. Rick Taggart and Matt Soper, along with other leaders on the Mesa County Board of Commissioners, Grand Junction City Council and Mesa County School District 51 administration and board of education. Most have visited, toured and promoted our clinics and helped secure funding for Marillac. It is my joy and honor to lead Marillac. Join me in congratulating the MarillacHealth board, workforce, vendors, partners, donors and patients as together we renew our commitment to this vibrant, caring community and celebrate another year of service.
Kay Ramachandran is chief executive officer of MarrillacHealth based in Grand Junction. For more information, visit www.marillachealth.org.
Alpine Banks of Colorado announced second quarter net income of $11.7 million.
That equated to $108.89 per basic class A common share and 73 cents per basic class B common share.
“Our second quarter results reflect continued improvement in our balance sheet position,” said Glen Jammaron, president and vice chairman of Alpine Banks of Colorado.
“During the quarter we increased our loan portfolio and successfully reduced the level of brokered deposits in our liability mix. For the remainder of 2024 we plan to focus on loan and deposit growth while retaining pricing discipline.”
Alpine Banks of Colorado reported its total assets decreased $114.2 million, or 1.7 percent, to $6.47 billion as of June 30 compared to March 31. Loans outstanding as of June 30 totaled $4.1 billion. The loan portfolio increased $37.5 million compared to March 31.
Deposits decreased $117.9 million, or 2 percent, to $5.8 billion during the second quarter compared to March 31 with decreases in demand deposits, certificates of deposit, savings accounts and interest-bearing checking accounts. Deposits in money market accounts increased.
A $6.5 billion, employee-owned organization headquartered in Glenwood Springs, Alpine Bank operates locations across Colorado. For additional information, visit www.alpinebank.com.
n VIN INSPECTIONS FOR LARGE VEHICLES OFFERED ONLY AT CLIFTON LOCATION
Starting Aug. 12, the Mesa County motor vehicle office in Clifton will be the only location offering vehicle identification number (VIN) inspections for larger vehicles and trailers.
The office is located at 3225 Interstate Highway 70 Business Loop and open from 8 a.m. to 4:30 p.m. weekdays. The change will apply to semi-trucks, motor homes, trailers, campers and other large vehicles.
After Aug. 12, VIN inspections on large vehicles no longer will be available at the main motor vehicle office located at 200 S. Spruce St. in Grand Junction because of lack of space and traffic congestion in the parking lot.
VIN inspections will be available for passenger vehicles, motorcycles and light trucks at the main office and Clifton office as well as the Fruita office at 325 E. Aspen Ave.
The Business Times welcomes submissions for free publication in Business Briefs. Email items to phil@thebusinesstimes.com or submit a news release online at www.thebusinesstimes.com.
FROM FEDERAL MINERAL LEASE DISTRICT
Applications will be accepted until 3 p.m. Sept. 6 for the latest rounds of grants from the Mesa County Federal Mineral Lease District.
The district has $700,000 available for its fall cycle. Grant application presentations are scheduled for a board meeting set for Sept. 18 in Grand Junction. Awards will be announced as soon as Oct. 16.
The district distributes federal mineral leasing funds to local public entities to support infrastructure, construction and public service projects. Funding stays in Mesa County.
Grants of $50,000 or more are available under a program to support large-scale public works and capital projects that address health and safety as well as the effects of energy and mineral extraction. Mini grants of up to $50,000 are available for smaller projects.
Since 2011, the Mesa County Federal Mineral Lease District. has awarded more than $11 million to local entities.
For grant applications and more information about the Mesa County Federal Mineral Lease District, visit the website located at www.mesafml.org/current-grant-cycle. Information also is available on Facebook, YouTube and Twitter.
Spectrum and EverPass Media, a media platform dedicated to businesses, announced an agreement offering Spectrum business customers the ability to receive the NFL Sunday Ticket and Peacock Sports Pass via EverPass Media throughout the Spectrum business 41-state footprint.
Spectrum will offer new and existing business customers — including bars, restaurants and hotels — access to stream NFL Sunday Ticket and Peacock Sports Pass.
More information about Spectrum business internet and television offerings for bars, restaurants, hotels and other business establishments is available at www.spectrum.com/Sunday.
The U.S. Small Business Administration has released a new guide to help small business owners prepare for disasters.
The Business Resilience Guide includes six sections to plan and recover from disasters, includes best practices and template forms to help mitigate disasters for entrepreneurs and help them build back stronger.
The guide leads business owners through creating a resilience plan, covering such areas as:
n Documenting key operations and identifying dependencies.
n Identifying key partnerships with vendors, suppliers and collaborators.
n Safeguarding resources through data backup, cybersecurity measures and infrastructure protection.
n Strengthening financial readiness by managing cash flow, securing emergency funding and minimizing financial losses.
n Minimizing the impact of potential disruptions through risk assessment and mitigation tactics.
In addition to the guide, the SBA offers an array of resources at SBA.gov to help small businesses start and grow. The federal agency offers financing options, business counseling, contracting opportunities and disaster assistance.
The Christi Reece Group in Grand Junction announced the recipients of a total of $24,000 from its Circle Fund.
The Grand Junction real estate firm donates 2 percent of earnings to local nonprofit organizations every quarter. Nominations are submitted to the Christi Reece Group Facebook and Instagram pages. Real estate clients vote on the nominations to select recipients. Since the inception of the effort in 2019, $384,000 has been contributed through the Circle Fund.
“The Circle Fund just brings us so much joy,” said Christi Reece, team leader of the firm.
In the last round of contributions, Doors 2 Success received $10,000, the Grand Valley Yoga Fest received $6,000 for mental health and suicide awareness and the Fruita chapter of the Future Farmers of America also received $6,000. Friends of Youth & Nature and Senior Engagement both received $1,000 plus volunteer hours from agents with the Christi Reece Group.
“It was great fun to surprise Friends of Youth & Nature and Senior Engagement with the $1,000 gifts,” Reece said. “They didn’t know they were getting more than volunteer hours until we were announcing recipients live on Facebook.”
The Christi Reece Group provides real estate services in the Grand Valley and surrounding areas of Mesa County. The firm operates offices at 1601 Riverfront Drive, Suite 103.
For more information about the firm, including the Circle Fund and past recepients, log on to the website located at www.christireece.com.
Betty Ries was named executive director of KAFM 88.1 and 96.9 community radio in Grand Junction.
Ries succeeds Cyrene Jagger, who served as executive director for more than four years.
Ries previously served as technical director and operations manager for KAFM. She joined the station in 2016 as operations assistant.
Prior to that, she worked 12 years at Westwood One Radio Network as manager of broadcast information technology and was responsible for maintaining a network and software that delivered programming to 5,000 satellite receivers. She also worked as an IT consultant, designing and building desktop computers. She holds a bachelor’s degree in English literature from the University of Colorado at Boulder.
Tami King, vice president of the board of directors of KAFM, hailed the appointment. “We are so fortunate to have someone of Betty’s knowledge and talent ready to step into the executive director position as we celebrate our 25-year anniversary,” King said. “She brings a deep understanding of the station, established relationships in the community and industry and a leadership style that will help KAFM continue to grow and serve the Grand Valley.”
A member-supported community radio station, KAFM 88.1 and 96.9 provides musical, cultural and public service programming. In addition to a blend of musical programming, the station produces weekday broadcasts offering information about community issues and nonprofit organizations. The station also operates the Radio Room, a 75-seat performance and meeting venue at the KAFM facility at 1310 Ute Ave.
For more information about the station and its operations, visit www.kafm.org.
The Business Times welcomes submissions for free publication in Business People and the Almanac calendar of events. Submissions may be emailed to phil@thebusinesstimes.com or submitted online at the website at www.thebusinesstimes.com.
Kevin Rosson was promoted to audit manager and Emma Sandoval was promoted to tax senior at DWC CPAs and Advisors based in Grand Junction.
Rosson joined DWC in 2019 and brings to his latest position experience in such attest and accounting services as compilations, financial statement audits and reviews. He works with clients in a range of industries. He holds a bachelor’s degree in accounting from the University of La Verne and a master’s degree in public accounting from Colorado State University-Global.
Sandoval joined DWC in 2022 and works on a wide range of business and individual tax returns and issues. She holds a bachelor’s degree in accounting from Colorado Mesa University.
DWC CPAs and Advisors operates the largest public accounting firm headquartered in Western Colorado with main offices in Grand Junction, Glenwood Springs and Montrose. For more information, call (970) 243-1921 or visit the website at https://dwcadvisors.com.
Pete Baier announced his impending retirement as Mesa County administrator and expects to soon bring to an end nearly 30 years of work with the county in a series of positions.
Baier plans to retire on Jan. 3.
“I would like to retire; travel; spend time with my wife, family and grandkids; and volunteer. I have been blessed with skills that I feel I must use to give back to my community,” he said. “I would like to express my unwavering support has been instrumental in building our vibrant community.”
Baier was appointed Mesa County administrator in 2019. He joined the county in 1996 as an engineer and engineer director, then served 20 years as public works director.
He holds an associate’s degree from what was at
the time Mesa State College, a bachelor’s degree from Metropolitan State College and master’s degree in public administration from the University of Colorado. He’s a licensed professional engineer in Colorado.
As public works director, Baier was involved in such projects as the 29 Road bridge and 30 Road underpass. He was field operations manager for the West Salt Creek landslide.
As county administrator, he helped implement a new strategic plan and work on such projects as the 29 Road interchange and Palisade Plunge. During his tenure, he worked for 13 different county commissions.
“My goal as a young professional was to retire at the age of 62, and I can’t believe the day is almost here,” Baier said. “It has been an honor and privilege to serve my community. Most importantly, I cherish my time as a team Mesa member and all the amazing employees at the county.”
Aug. 8
n Fruita Area Chamber of Commerce business after hours, 5:30 to 7 p.m., Absolute Prestige Ranch, 1351 Q Road, Loma. Admission $5 for chamber members, $15 for others. 858-3894 or https://fruitachamber.org
Aug. 13
n Strategic training for agencies and institutions, 11 a.m. to 1 p.m. Tuesdays Aug. 13 to Sept. 24, Business Incubator Center, 2591 Legacy Way, Grand Junction. https://gjincubator.org or 243-5242
n Mesa County Women’s Network workshop on navigating internal and external conflicts, 6 to 8 p.m., Abstract & Title Co., 2464 Patterson Road, Grand Junction. Admission $35 for non-member drop-ins. www.mcwn.us
Aug. 14
n Young Professionals Network of Mesa County before hours event, 7 to 8:30 a.m., Four Winds Coffee and Tea, 1235 Bookcliff Ave., Grand Junction. www.ypnmc.org
n Grand Junction Area Chamber of Commerce energy summit, 8:30 a.m. to 2 p.m., Colorado Mesa University. Admission $65 for members, $75 for others. https://gjchamber.org or 242-3214
n Grand Junction Area Chamber of Commerce Networking at Noon, noon to 1 p.m., Warehouse 25 Sixty-Five, 2565 American Way. Admission $20 for chamber members, $25 for others. 242-3214 or https://gjchamber.org
n Fruita Area Chamber of Commerce Veterans in Business monthly muster, 5 to 7 p.m., Cameo Shooting and Education Complex, 3934 I 9/10 Road, Palisade.858-3894 or https://fruitachamber.org Aug. 15
n GJMakerspace free project night, 6 to 8 p.m., Business Incubator Center technology building. https://gjincubator.org or 243-5242 Aug. 16
n Coffee Club networking meeting and presentation on marketing technology and trends, 9 to 10 a.m., FWorks conference room, 325 E. Aspen Ave., Fruita. https://fruitachamber.org or https://gjincubator.org Aug. 21
n Young Professionals Network of Mesa County lunch conversation with Andrew Golike, general manager of CooksTek, noon to 1 p.m., CoorsTek, 1449 Riverside Parkway, Grand Junction. Reservations required. www.ypnmc.org
n Western Colorado Human Resource Association summer summit, 1 to 5 p.m., Mesa County Workforce Center, 512 29 1/2 Road, Grand Junction. Admission free for members, $20 for others. www.wchra.org.
Upcoming
n Welcome Thursday Friends free networking luncheon, noon to 1 p.m. Aug. 22, Munchie’s Pizza & Deli, 550 Kokopelli Drive, Fruita. 858-3894 or https://fruitachamber.org F
