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Change in employment outlook gives Vectra business index a boost

Vectra Bank’s Small Business Index for Colorado measured 113.2 for February, up from a revised 112.8 in January. Improving employment data accounted for the slight uptick. Colorado’s unemployment rate – the most heavily weighted component of the index – was estimated at 8.8 percent in the most recent month, unchanged from the prior month. Twelve… Continue Reading Change in employment outlook gives Vectra business index a boost

The Vectra Bank Colorado Small Business Index rose to 112.9 last month, up from a revised 106.3 in December. By way of comparison, the U.S. Small Business Index only rose slightly to 115.7 in January, up from 114.8 in December. Several factors contributed to the state’s index rising, including the slight increase in the state’s unemployment rate… Continue Reading Vectra’s Colorado business index increases more than nation’s

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News flash: 2010 is economically better and brighter than last year. National growth is at a solid pace, which bolsters the Colorado economy. The Vectra Bank Colorado Small Business Index for Colorado measured 85.9 in February, up from a revised 83.6 in January. And more good news is on the horizon. In Colorado, personal income… Continue Reading Vectra’s Thredgold offers good news for small businesses

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The Vectra Bank Colorado Small Business Index for Colorado rose significantly to 81.5 in January, up from a revised 74.5 in December. The index measures business conditions from the viewpoint of small business owners or managers. Economists attribute part of the increased index to robust national economic growth and to higher state unemployment numbers –… Continue Reading Colorado’s small business index jumped in January

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Colorado is sandwiched between states to the west that are in worse economic shape – and states to the east that are faring better. Colorado’s total employment declined 4.6 percent during the past year – higher than the average 2.8 percent among its six bordering states. Only North Dakota and the Washington D.C. area have… Continue Reading Colorado’s economy middle-of-the-road compared to national average

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