Economy (general)

Ar 170429969
Ar 170429969

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

Ar 170339876
Ar 170339876

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

Ar 170229645
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

Ar 170129863
Ar 170129863

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

Ar 161209701
Ar 161209701

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

Ar 161209786
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

Ar 161129958
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

Ar 161029454
Ar 161029454

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

Ar 161009527
Ar 161009527

Tourism boosts La Plata County economy in July

Tourism was strong in July, but the downturn in oil and gas may still be weighing on the La Plata County economy. “Economic performance for La Plata County came roaring back in July, led by job...

DATE: Oct. 9, 2016 | CATEGORY: Local News

Ar 160929970
Ar 160929970

Lawmakers preparing to trim state services

DENVER – State lawmakers are bracing for budget cuts in the upcoming fiscal year after learning Tuesday of lackluster revenue growth. The forecast presented to the Joint Budget Committee...

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

Montezuma County broadband project still alive, but hinges on opt-out vote

A proposed $39 million internet broadband project for Montezuma County is moving forward, but proponents have shifted their immediate focus to a measure on the November ballot. In November, voters...

DATE: Sept. 2, 2016 | CATEGORY: Local News