Local business news and economic updates
152 posts
A record-breaking hot and dry winter caused US ski visitation to drop 9 percent to 52.6 million, the lowest level in over a decade. The Rocky Mountain West bore the brunt of the decline as poor snowpack drove skiers home, signaling a structural shift for the industry.
Vail lodging occupancy jumps 9.5% year-over-year, driven by a surge in group bookings and strong event attendance including the GoPro Mountain Games, signaling a robust summer recovery.
Gov. Jared Polis signed the $46.8 billion state budget, delivering a 2% Medicaid reimbursement cut to balance the books while preserving K-12 education funding.
The Vail Jazz Foundation expands its Tony G. Rising Star Awards to include high schoolers, offering a $2,000 prize and requiring self-nomination to support young musicians' transition into adulthood.
Sarah Siegel leverages her moving and storage infrastructure to launch On Call Moving and Consignment in the Vail Valley, offering a 90-to-100-day window to sell secondhand furniture before donations to Habitat for Humanity.
Colorado shed 11,700 jobs last year, marking a contraction after years of growth. Unemployment fell to 4 percent as the workforce shrank, leaving employers in a holding pattern amid uncertainty.
Colorado lawmakers kill House Bill 1030, ending efforts to offer steep tax breaks for large-scale data centers, leaving Wyoming poised to capture the AI infrastructure boom.
Colorado's House Bill 1224 requires mobile home park landowners to disclose financial and infrastructure details before selling, aiming to empower residents and level the playing field against outside investors.
Colorado's new Senate Bill 134 exempts sales tax from credit card swipe fees, but banking industry leaders warn lenders may stop accepting cards entirely due to high system update costs.
Colorado's labor force participation drops to its fourth-lowest level since 1976, driven by natural attrition and demographic shifts rather than mass layoffs, leaving a 3.9% unemployment rate.
The Pikes Peak Outdoor Recreation Alliance secured a $2.5 million state grant to launch the Outdoor Pikes Peak Initiative, leveraging the Land and Water Conservation Fund to expand trails and boost the regional tourism economy.
The Colorado Joint Budget Committee voted to contract with a private prison company to handle inmate overflow, choosing a $40 million annual operating cost over a $200 million state-owned facility.
Showing 97 – 108 of 152 posts