News & Information

Fast Facts July 2013

Fast Facts July 2013

The local economies of Moffat and Routt Counties continue to slowly improve. Download the most recent FastFacts now.

The July FastFacts can be found on the Yampa Valley Data Partners website under Products & Services. The download is in PDF format and available to you now and for historical reference.

See below for July key takeaways.

NEW! Top Ten Employer’s Report is now available.

Yampa Valley FastFacts Key Takeaways

Employment
In June 2013 Moffat County’s unemployment rate increased to 6.7% from 6.2% in May. Routt’s rate dropped to 6.6% from 7.8% last month. The drop in Routt County’s unemployment is most likely due to seasonal job availability

Retail Sales
Combined Moffat and Routt taxable sales in April 2013 were $77.22 million. This represents a 2.3% increase compared to April 2012. At the county level, Routt’s year-over-year sales grew by 3.0% and Moffat year-over-year sales grew 1.2%.

Real Estate
The real estate market in Moffat county is improving. As of June 2013, average listing prices in Moffat were up 2.0% compared to June 2012. In Routt, average listing prices were down 15% in compared to June 2012. Inventory levels in both counties were at a year-to-date high.

Energy
The Yampa Valley energy production figures have not been updated since April. As of April 2013, Moffat County year-to-date oil production was up 33.0% compared to 2012. Year-to-date natural gas production in Moffat was also up by 10.4% compared to 2012. Year-to-date coal production was down 13.7% and up 14.3% in Moffat and Routt, respectively.

Climate
The average daily stream flow on the Yampa was running at 154cfs as of August 4th which is 55% of average. Water levels at both reservoirs has not been updated since last month. Water levels is at 108% of average at Stagecoach reservoir. Water level at the Yamcolo reservoir storage site was 47% of average as of June 30th.

July Fast Facts 2013

Read more

 

Top Ten Employer Report

Top Ten Employer Report

Yampa Valley Data Partners (YVDP) receives many requests for the top ten employers in our counties from businesses, employees and government entities. This report was assembled over several months by calling each employer for their employment information as of December 2012.

Employers are listed in two categories. The first category is the ‘Top Ten Employers’ who have the largest number of full time employees which gives us an idea of the breadth of employment in the year round organization. The second category includes full-time, part-time, seasonal, per diem, on call and regular independent contractors which will tell us how many people from Moffat or Routt counties the companies employ throughout the year.

• The most recent jobs data from Colorado Office of Economic Development & International Trade ‘s (ODEIT) Economic Modeling Specialists Intl. (EMSI ) reports the total number of 2012 jobs to be 7,512 and 20,841 in Moffat and Routt counties, respectively. This includes full time and part time jobs.
• The Moffat County top ten employers supported 2,255 of 7,512 jobs or 30% of the total jobs in the county.
• The Routt County top ten employers supported 4,549 of 20,841 jobs or 22% of the total jobs in the county.
• Routt County has more fluctuation in employment with a 50% increase in part time/seasonal employees whereas Moffat has a 15% increase in employment.
• The top ten employer list falls into 5 industry groups.
•Moffat: Energy, Education, Public (County, City), Retail, Healthcare
•Routt: Recreation/Tourism, Public (County. City, K-12 Schools), Healthcare, Energy
To access the report, please download the PDF below.

Read more

 

May Fast Facts Now Available

May Fast Facts Now Available

The local economies of Moffat and Routt Counties are continuing to improve. Download the most recent FastFacts now.

The May FastFacts can be found on the Yampa Valley Data Partners website under Products & Services. The download is in PDF format and available to you now and for historical reference.

See below for May key takeaways.

Employment

In April 2013 Moffat County’s unemployment rate dropped to 6.6% from 7.5% in March. Routt’s rate rose slightly to 6.0% from 5.8% last month. Markets continue to tighten in both counties where the number of employed workers is growing faster than the labor force.

Retail Sales

Combined Moffat and Routt taxable sales in February 2013 were $115.56 million. This represents a 3.8% increase compared to February 2012. At the county level, Routt’s year-over-year sales grew by 10.3% and Moffat year-over-year sales were down 5.1%.

Real Estate

The real estate market in both counties continues to improve. As of April 2013, median listing prices in Routt were up 11.8% compared to April 2012. In Moffat, median listing prices were up 35% in compared to April 2012.

Energy

The Yampa Valley energy production picture is mixed. As of February 2013, Moffat County year-to-date oil production was up 34.5% compared to 2012. Year-to-date natural gas production in Moffat was also up by 7.8% compared to 2012. Year-to-date coal production was down 23.9% and 8.7% in Moffat and Routt, respectively.

Climate

The average daily stream flow on the Yampa was running at 2565cfs as of May 27th which is 132% of average. Snowpack is at 28% of average on Rabbit Ears Pass. Snow water content at the Tower reservoir storage site was 62% as of May 27th.

Download Fast Facts

Read more

 

April Fast Facts now available

April Fast Facts now available

Find out about the local economies of Moffat and Routt Counties by downloading the most recent FastFacts.

The April FastFacts can be found on the Yampa Valley Data Partners website under Products & Services. The download is in PDF format and available to you now and for historical reference.

The Quarterly Economic Forecast Newsletter helps explain how our local economy is doing in the areas of employment, retail sales, real estate, energy and climate. The updated newsletter can be downloaded here.

See below for April key takeaways.

Employment

As of March 2013, the Moffat unemployment rate has remained the same for the last three months at 7.5%. Routt’s rate dropped to 5.8% from 6.0%. This is the lowest it has been since Feb 2009. Labor markets are tightening in both counties and the number of employed workers is growing faster than the labor force.

Retail Sales

Combined Moffat and Routt taxable sales in January 2013 were $110.8 million. This represented a 1.1% increase compared to January 2012. First quarter sales have not reached this level since 2009.

Real Estate

The real estate market in Routt continues to improve. As of March 2013, median listing prices were up 16.7% in Routt compared to March 2012 and existing single family home sales in Routt rose to 3.1% of inventory. In Moffat, median listing prices dropped from $122,000 thousand to $115,000 and inventory levels remained flat.

Energy

Monthly Moffat oil production surged in January, rising 30.3% compared to January 2012. Moffat gas production rose 11.9% relative to last year. Coal production in Routt county was relatively stable, dropping 0.3% compared to January 2012.

Climate

After a surge of late season snow in the Yampa Valley, Rabbit Ears Pass snowpack reached 89% of 25-year average on April 29th. Snow water content at the Tower reservoir storage site was 69% of average. The average daily stream flow on the Yampa was running at 563 cfs as of April 29th.

Download Fast Facts

Read more

 

Economic Newsletter April 2013

Economic Newsletter April 2013

How did the Yampa Valley fair the recession? Open the 2nd second quarter economic forecast newsletter here to find out how our economy may have emerged stronger.

You may also find the newsletter on our website under products and services. Just download a PDF at the bottom of  website page.  Please be patient as the file is about 1.97MB and takes a minute to download.

Interesting shifts occurred in several key indicators.  Enjoy reading the newsletter and as always, your feedback is welcomed.

Read more

 

5:05 Drinks Program In Craig A Success!

Yampa Valley Data Partners has started a 5:05 Drinks program in Craig on the 2nd Thursday of every month.  This is a networking and education program oncce a month.  Last month we discuss home energy assessments and this month we had a solar expert talk with us about the possibility of solar on our homes.  Stay tuned to December 9th for the next topic.  Experts are being confirmed.

Read more

 

CNG Workshop in Hayden a success

By

November 12, 2010

0 comments

General News

On November 10, 2010 Yampa Valley Data Partners hosted a CNG workshop for city, county,and fleet managers in the tri-county area.  Encana, Fuel-Tek and Weld County spoke to inform us on the state of the CNG business, how to get CNG to happen in Northwest Colorado and all the details and technical information necessary to make decisions on if CNG is right for Northwest Colorado now.  A survey has been sent out to gage interest in pursuing CNG.  Stay posted!

Read more

 

Yampa Valley Data partners Ignites NW CO Energy Steering Committee

Yampa Valley Data Partners received a grant from the Governor’s Energy office to promote GEO programs, financing options and facilitate a region wide energy plan with key community members in the tri-county area.

The Northwest Colorado Energy Steering Committee has chosen their own name and will create our regional energy plan.Representatives have been selected from cities, towns, counties, workforce development, business, economic development, utilities, higher education and non-profits. Please feel free to contact any of the committee members to give your input on energy efficiency in the valley and what you would like to see in the plan. The current committee members are:

Moffat County Commissioner Audrey Danner, City of Craig: Ray Beck and Terry Carwile, City Council, Jim Ferree, City Manager

Rio Blanco County: Commissioner Kai Turner, Pat Hooker, County manager

Town of Meeker: Sharon Day, Town Manager, Town of Rangely: Peter Brixius, Town Manager

Routt County: Tim Winter, Facilities Manager, Tom Sullivan, County Manager, City of Steamboat Springs: Meg Bentley, City Council Member, Wendy DuBord, Deputy Manager, Town of Hayden, Russ Martin, Town Manager

Yampa/Oak Creek TBA

Higher Education CMC – TBA, Gene Bilodeau, CNCC

Utility Companies: Dick Welle, White River Electric Association, Jim Chappell, Yampa Valley Electric Association

Business: Susan Holland, President Emerald Mountain, TBA, Hayden Plant

Non-Profit: Angela Ashby, President of Yampa Valley Sustainability Council

Workforce Development Linda Dill, Craig Workforce: Labor & Employment Specialist

Economic Development Richard Beason, Director of Craig Moffat Economic Development Council

Work has begun on the Northwest Colorado Energy Steering Committee to create a mission and vision that will guide our work.Here is our draft mission statement.

The mission of Northwest Colorado Energy Steering Committee (NCESC) is to educate, communicate and promote sustainable and energy efficient practices so that our tri-county area will utilize our resources effectively and benefit our local economies.

In our next meeting in July we will start working on our strategies and goals. Please send us your input. Meanwhile please check outwww.rechargecolorado.com

Kate Nowak is the regional Community Energy Coordinator for the area as well as the executive director for Yampa Valley Data Partners. Contact Kate with questions at Kate@yampavalleypartners.com

Read more

 

Recharge Colorado Home Energy Audit Rebates

We invite Moffat, Rio Blanco and Routt residents to participate in the residential energy audit rebate program. The goal of the program is to save energy and stimulate the economy. There are lots of home energy audit rebates available on www.rechargecolorado.com. The rebates are on a first come first-served basis and are available for existing homes.Contractors that perform the energy audits must be BPI (Building Performance Institute) or RESNET (residential Energy Services Network) accredited building analysts. Fortunately we have 2 qualified contractors in our area. Greenleaf Building Performance 970-846-2640 and Mountain Energy Consultants 970-393-2202. There are generally different service tiers where your energy auditor will perform different tasks on site. A “walk through” audit in your house will allow the auditor to review a checklist of items that you will look at to see if any energy efficient improvements can be made. Other tiers provide for a comprehensive audit of your home utilizing special equipment to test your doors, windows, installation, etc for drafts and air leakage. The energy auditors checklist is in-depth and you can be assured that the recommendations will lead to more comfort in your home.

Please share your home energy audit success stories with Yampa Valley Data Partners. kate@yampavalleypartners.com

Read more