Economy (general)

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Montezuma County declares mill fire an economic disaster

Montezuma County commissioners on Monday approved a declaration of an economic disaster in the wake of the May 8 Western Excelsior fire. The fire that destroyed the Mancos mill caused the loss of...

DATE: June 26, 2017 | CATEGORY: Regional News

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Report shows Colorado’s economic growth is slower than anticipated

DENVER – Colorado’s economy continues to chug along but at a slower rate than was anticipated, according to a pair of revenue forecasts released Tuesday by state economists. The slowdown could lead...

DATE: June 20, 2017 | CATEGORY: Regional News

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Iron Horse event a large boost to Durango economy

The Iron Horse Bicycle Classic kicks off the summer season in Durango and retailers and businesses should expect a bump in sales. Organizers said 3,078 cyclists have registered for Iron Horse...

DATE: May 27, 2017 | CATEGORY: Business

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ConocoPhillips sells San Juan Basin assets for up to $3 billion

ConocoPhillips has announced the sale of its interests in the San Juan Basin – a natural gas and oil field that spans northwestern New Mexico and southwestern Colorado – to Hilcorp San Juan LP for...

DATE: April 20, 2017 | CATEGORY: Local News

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Southwest Innovation Corridor builds startup culture

A new effort is underway to coordinate and encourage technology startup companies in Southwest Colorado because they are environmentally friendly and could bring high-paying jobs to the region. ...

DATE: March 31, 2017 | CATEGORY: Business

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Ar 170229645

Downtown Durango sales set Christmas record

Durango’s downtown businesses had a record-setting Christmas season. The Central Business District set a new monthly record for sales and saw a 2 percent increase in sales tax collections, said Tim...

DATE: Feb. 26, 2017 | CATEGORY: Local News

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New Ute Mountain Ute chairman looks to tribe’s future

TOWAOC – Harold Cuthair, the newly elected chairman for Ute Mountain Ute Tribe, is a popular guy. On a bench outside his office door, tribal members line up to speak about their concerns on a...

DATE: Jan. 23, 2017 | CATEGORY: Local News

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Councilors clear hotel plan

The Durango City Council on Tuesday approved a plan to build a 100-unit hotel along U.S. Highway 550/160 between Allen Theaters and the Animas River. Premier Hospitality plans to start construction...

DATE: Dec. 6, 2016 | CATEGORY: Local News

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Ar 161209786

La Plata County economy slows, but state sees gains ahead

La Plata County’s economy may have slowed a bit this year, but next year the state expects to see strong economic growth in almost every sector. Durango has recorded erratic sales tax collections ,...

DATE: Dec. 5, 2016 | CATEGORY: Local News

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Ar 161129958

Company eyes Dove Creek for hemp plant

A Florida firm is interested in purchasing an abandoned sunflower processing plant in Dove Creek to process hemp crops. Bayfront Capital, of Bradenton, Florida, is negotiating to purchase the...

DATE: Nov. 20, 2016 | CATEGORY: Local News

Dollar’s rise should help consumers

There’s a lot going on at home and in the world these days. But the rising value of the dollar sticks out for economists. Yes, there’s news like U.S. Sen. Ted Cruz’s announcement that he is...

DATE: Oct. 30, 2016 | COLUMN: Our Economy

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Train ridership up 4 percent this year

Ridership on the Durango & Silverton Narrow Gauge Railroad is up about 4 percent this year – a positive trend, especially coming off a strong year in 2015, said Christian Robbins, marketing...

DATE: Oct. 27, 2016 | CATEGORY: Local News