The 2011 numbers for mesa county were not available

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: sectors that showed measureable improvement in 2010, while most sectors remained flat. The largest declines came from Construction, Wholesale Trade, and Finance and Insurance. The 2011 numbers for Mesa County were not available at the time this report was written (late 2011); however, with unemployment down, wages up, and new businesses arriving, it is looking like the Grand Junction area’s GDP may increase in 2011. Energy The exploration and production of natural gas and oil continues to play a large role in the Mesa County economy. To keep up with the expanding oil and gas exploration and production, some local companies, like Frank Henry Equipment, announced expansions in the county in 2011. These will add new jobs and capital investment to the economy. According to the Colorado Oil & Gas Association, oil and gas companies contributed nearly $1.7 million in severance taxes to Mesa County in 2011, nearly doubling the $941,000 received in 2010. Real Estate Over the last three years, home prices in Mesa County have decreased from $227,500...
View Full Document

This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

Ask a homework question - tutors are online